Silicon Labs: Fourth Quarter Earnings Overview

Silicon Laboratories Reports Fourth Quarter Financial Results

Silicon Laboratories Inc., headquartered in Austin, Texas, announced a net loss of $2.7 million for its fourth quarter.

The company recorded a per-share loss of 8 cents. However, when excluding expenses related to stock options and amortization, adjusted earnings reached 56 cents per share.

These adjusted earnings exceeded analyst predictions, as three experts polled by Zacks Investment Research had anticipated 54 cents per share.

During the quarter, the semiconductor company generated $208.2 million in revenue, outperforming the $207.4 million revenue forecast by analysts surveyed by Zacks.

For the full year, Silicon Laboratories reported a total loss of $64.9 million, or $1.98 per share, on revenues of $784.8 million.