Silicon Laboratories (SLAB) Stock

New BG22L delivers robust security and processing for common Bluetooth devices, while BG24L supports advanced AI/ML acceleration and Channel Sounding AUSTIN, Texas , Jan. 30, 2025 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, introduced the BG22L and BG24L SoCs for Bluetooth® LE connectivity, with "L" representing the new application-optimized Lite devices. Optimized for common Bluetooth applications like asset tracking tags and small appliances, the BG22L brings the most competitive combination of security, processing power, and connectivity for high-volume, cost-sensitive, and low-power applications.

AUSTIN, Texas , Jan. 21, 2025 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced that it plans to release fourth quarter 2024 financial results on Tuesday, February 4, 2025. An earnings conference call will follow the release at 7:30 a.m.

I recommend a buy rating for Silicon Laboratories stock due to expected strong y/y revenue growth starting in FY25, driven by AI advancements and data center investments. SLAB's efficient wireless SoCs and AI integration position it to benefit from the growing AI market. Despite recent sequential revenue growth, the market hasn't fully priced in SLAB's potential.

Wirepas interoperable RF mesh with Silicon Labs FG23 SoC delivers 99.9% reliability AUSTIN, Texas , Dec. 5, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a global leader in secure, intelligent wireless technology, today announced that they have shipped four million FG23 SoCs for smart electricity meters as part of India's Advanced Metering Initiative (AMI). These FG23 SoCs use RF mesh technology from Wirepas, a leader in wireless connectivity solutions.

New SiWx917Y Modules Offer Plug-and-Play Simplicity with Global RF Certifications AUSTIN, Texas , Dec. 3, 2024 /PRNewswire/ -- Today Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, announced the SiWx917Y ultra-low power Wi-Fi® 6 and Bluetooth® Low Energy (LE) 5.4 modules. As an extension of the successful Series 2 platform, these modules are designed to help device makers streamline the complex development and certification process for Wi-Fi 6 devices.

AUSTIN, Texas , Nov. 22, 2024 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, today announced its participation in upcoming investor conferences. Giovanni Pacelli, Senior Director of Finance, and Thomas Haws, Investor Relations Manager, will participate in the Wells Fargo TMT Summit in Rancho Palos Verdes, CA on Tuesday, December 3, 2024, and the UBS Global Technology and AI Conference in Scottsdale, AZ on Wednesday, December 4, 2024.

Silicon Labs has underperformed the S&P 500 but fared better than many semiconductor peers, despite weak demand in major end-markets. Q3'24 results were in line with expectations, showing a double-digit year-over-year revenue decline but sequential improvement. Long-term growth opportunities in IoT markets like smart home, retail, smart metering, and glucose monitoring remain meaningful, despite current demand challenges and though guidance for Q4'24 remains soft.

Silicon Laboratories Inc. (NASDAQ:SLAB ) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Giovanni Pacelli - Senior Director, Finance Matt Johnson - President and CEO Dean Butler - Chief Financial Officer Conference Call Participants Srini Pajjuri - Raymond Nick Doyle - Needham Cody Acree - The Benchmark Company Peter Peng - JP Morgan Operator My name is Michelle, and I will be your conference operator today. Welcome to the Silicon Labs Third Quarter Fiscal 2024 Earnings Call.

Silicon Laboratories (SLAB) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.21. This compares to earnings of $0.62 per share a year ago.