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Silicon Labs reports Q2 adjusted EPS 11c, consensus 9c

Reports Q2 revenue $193M, consensus $192.63M. “The Silicon Labs (SLAB) team delivered strong sequential and year-over-year revenue growth of 9% and 33%, respectively, while also driving improved profitability,” said Matt Johnson, President and Chief Executive Officer at Silicon Labs. “Moving forward, we believe we are uniquely positioned to outperform the market underpinned by our industry-leading solutions, share gains, and consistent execution.”

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