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L. Roy Papp & Associates LLP cut its stake in shares of Silicon Laboratories Inc. (NASDAQ:SLAB – Free Report) by 2.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,800 shares of the semiconductor company’s stock after selling 200 shares […]
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Silicon Laboratories (NASDAQ:SLAB – Get Free Report) had its price objective lowered by equities research analysts at Citigroup from $165.00 to $148.00 in a research report issued on Friday, FlyOnTheWall reports. Citigroup’s price objective indicates a potential upside of 0.91% from the stock’s current price. Other equities research analysts also recently issued reports about the […]
Silicon Laboratories (NASDAQ:SLAB – Get Free Report) updated its third quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.45-0.73 for the period, compared to the consensus EPS estimate of $1.08. The company issued revenue guidance of $190-210 million, compared to the consensus revenue estimate of $256.16 million. Silicon Laboratories also updated its […]
By Rob Curran Silicon Laboratories fell sharply premarket after the chip designer forecast a sequential slowdown in earnings and revenue, citing weak demand...