Silicon Laboratories Inc. Bottom Line Climbs 369% In Q1

(RTTNews) - Silicon Laboratories Inc. (SLAB) announced a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $27.27 million, or $0.63 per share. This was up from $5.81 million, or $0.14 per share, in last year's first quarter.

The company said revenue for the quarter rose 10.5% to $179.03 million. This was up from $162.03 million last year.

Silicon Laboratories Inc. earnings at a glance:

-Earnings (Q1): $27.27 Mln. vs. $5.81 Mln. last year. -Earnings Growth (Y-o-Y): 369.4% -EPS (Q1): $0.63 vs. $0.14 last year. -EPS Growth (Y-o-Y): 350.0% -Revenue (Q1): $179.03 Mln vs. $162.03 Mln last year. -Revenue Change (Y-o-Y): 10.5%

-Guidance: Next quarter EPS guidance: $0.68 - $0.74 Next quarter revenue guidance: $184 - $189 Mln