Silicon Laboratories (SLAB) stock surged 5.09% in pre-market trading on Tuesday following the release of its first-quarter 2025 financial results. The company, known for its leadership in low-power wireless technologies, reported a narrower loss and revenue growth that slightly exceeded analyst expectations.
For Q1 2025, Silicon Labs posted revenue of $177.7 million, marginally beating the FactSet consensus estimate of $177.5 million. The company's loss narrowed to $0.94 per share, compared to a loss of $1.77 per share in the same quarter last year. On an adjusted basis, the loss was $0.08 per share, slightly better than the expected loss of $0.09 per share.
Notably, Silicon Labs' Home & Life segment demonstrated robust performance, with revenue doubling to $82 million, marking a 99% increase year-over-year. The Industrial & Commercial segment also showed strong growth, with revenue up 47% to $96 million. Looking ahead, the company provided Q2 guidance, projecting revenue between $185 million and $200 million, and adjusted earnings ranging from a loss of $0.01 to a profit of $0.19 per share. These projections align closely with analyst expectations, instilling confidence in the company's near-term outlook.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.