Silicon Laboratories Inc. reported its financial results for the first quarter of 2025, ending April 5. The company, recognized for its leadership in low-power wireless technologies, achieved a revenue of $178 million, reflecting robust sequential and year-over-year growth. Within this, the Industrial & Commercial segment generated $96 million, marking a 47% increase year-over-year, while the Home & Life sector saw a significant rise to $82 million, up 99% from the prior year. On a GAAP basis, the company recorded a gross margin of 55.0% and operating expenses totaling $130 million, resulting in an operating loss of $32 million. The GAAP diluted loss per share was reported at $(0.94). On a non-GAAP basis, which excludes certain expenses like stock compensation and amortization of acquired intangible assets, the gross margin was slightly higher at 55.4%, with operating expenses at $105 million and an operating loss of $7 million. The non-GAAP diluted loss per share was $(0.08). Silicon Labs also highlighted advancements in its product offerings, with the first device in its next-generation Series 3 platform now ramping into production. This platform is designed to enhance performance and capabilities, including AI inference and scalable memory architectures, while maintaining compatibility with the previous Series 2. Additionally, the company launched the Series 2 BG29 family of Bluetooth Low Energy SoCs, targeting high-demand applications such as wearable medical devices and smart sensors. Looking ahead, Silicon Labs anticipates second-quarter revenue to range between $185 million and $200 million. The company forecasts a GAAP gross margin of 55% to 57% and operating expenses between $129 million and $131 million. On a non-GAAP basis, the gross margin is expected to remain consistent at 55% to 57%, with operating expenses projected to be between $106 million and $108 million.