Silicon Laboratories Inc. Earnings Advance 6% In Q2

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

The company said its bottom line climbed to $16.57 million, or $0.38 per share. This was higher than $15.56 million, or $0.37 per share, in last year's second quarter.

The company said revenue for the quarter rose 8.7% to $190.09 million. This was up from $174.91 million last year.

Silicon Laboratories Inc. earnings at a glance:

-Earnings (Q2): $16.57 Mln. vs. $15.56 Mln. last year. -Earnings Growth (Y-o-Y): 6.5% -EPS (Q2): $0.38 vs. $0.37 last year. -EPS Growth (Y-o-Y): 2.7% -Revenue (Q2): $190.09 Mln vs. $174.91 Mln last year. -Revenue Change (Y-o-Y): 8.7%

-Guidance: Next quarter EPS guidance: $0.78 - $0.84