Silicon Laboratories ( (SLAB) ) has released its Q2 earnings. Here is a breakdown of the information Silicon Laboratories presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Silicon Laboratories Inc., a leader in low-power wireless connectivity, specializes in developing embedded technology for smart home, industrial IoT, and smart cities markets. Headquartered in Austin, Texas, the company operates in over 16 countries, providing solutions that enhance edge connectivity applications.
In its second quarter of 2025, Silicon Labs reported a robust 33% year-over-year revenue growth, reaching $193 million. The company also achieved an industry-first security certification, highlighting its commitment to innovation and leadership in the wireless IoT sector.
Key financial highlights include a 25% increase in Industrial & Commercial revenue and a 45% rise in Home & Life revenue. Despite a GAAP operating loss of $23 million, the company reported a non-GAAP operating income of $1 million, with a diluted earnings per share of $0.11. Strategic announcements included the upcoming release of the SiXG301 and SiXG302 Series 3 devices, setting new benchmarks in energy efficiency and wireless performance.
Looking ahead, Silicon Labs projects third-quarter revenue between $200 to $210 million, with expectations of improved gross margins and reduced operating expenses. The company remains optimistic about its market position, driven by its innovative solutions and consistent execution.