Silicon Laboratories ( (SLAB) ) has released its Q1 earnings. Here is a breakdown of the information Silicon Laboratories presented to its investors.
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Silicon Labs, a leader in low-power wireless connectivity, specializes in developing embedded technology for smart home, industrial IoT, and smart cities markets. The company, headquartered in Austin, Texas, has announced its financial results for the first quarter of 2025, showcasing significant revenue growth despite challenging macroeconomic conditions.
In the first quarter of 2025, Silicon Labs reported a revenue of $178 million, marking a strong year-over-year increase. The Industrial & Commercial sector contributed $96 million, while the Home & Life sector added $82 million, reflecting a 99% growth. However, the company faced a GAAP operating loss of $32 million, translating to a diluted loss per share of $(0.94). On a non-GAAP basis, the operating loss was reduced to $7 million with a diluted loss per share of $(0.08).
The company made strategic advancements with the introduction of its next-generation Series 3 platform and new Bluetooth Low Energy SoCs, enhancing performance and connectivity for various applications. These innovations are expected to support future growth and maintain Silicon Labs’ competitive edge in the market.
Looking ahead, Silicon Labs anticipates second-quarter revenue between $185 to $200 million, with a continued focus on expanding its product offerings and maintaining its leadership in the wireless IoT sector. The company remains optimistic about its ability to navigate economic uncertainties and sustain its growth trajectory.