Recap: Silicon Laboratories Q1 Earnings

Silicon Laboratories SLAB reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:05 AM.

Here's what investors need to know about the announcement.

Silicon Laboratories beat estimated earnings by 64.06%, reporting an EPS of $1.05 versus an estimate of $0.64.

Revenue was down $21.69 million from the same period last year.

Last quarter the company beat on EPS by $0.2 which was followed by a 6.08% drop in the share price the next day.

Here's a look at Silicon Laboratories's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.57	0.15	0.93	0.75
EPS Actual	0.77	0.34	1.05	0.91
Revenue Estimate	200.19M	175.22M	267.05M	242.11M
Revenue Actual	208.68M	184.83M	169.49M	255.50M

To track all earnings releases for Silicon Laboratories visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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