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Silicon Labs Sees Q3 2024 Revenue $160M-$170M Vs $172.15M Estimate

Author: Benzinga Newsdesk | July 24, 2024 07:07am

Business Outlook

The company expects third-quarter revenue to be between $160 to $170 million. The company also estimates the following results:

On a GAAP basis:

  • GAAP gross margin to be between 54% to 56%
  • GAAP operating expenses of approximately $123 million to $125 million
  • GAAP diluted loss per share per share between $(0.95) to $(1.25)

Posted In: SLAB


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