Silicon Laboratories Inc. Profit Advances 225% In Q3

(RTTNews) - Silicon Laboratories Inc. (SLAB) revealed earnings for its third quarter that gained ground from last year.

The company said its bottom line totaled $32.42 million, or $0.77 per share. This was higher than $9.98 million, or $0.23 per share, in last year's third quarter.

Analysts had expected the company to earn $0.64 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.0% to $178.08 million. This was up from $156.19 million last year.

Silicon Laboratories Inc. earnings at a glance:

-Earnings (Q3): $32.42 Mln. vs. $9.98 Mln. last year. -Earnings Growth (Y-o-Y): 224.8% -EPS (Q3): $0.77 vs. $0.23 last year. -EPS Growth (Y-o-Y): 234.8% -Analysts Estimate: $0.64 -Revenue (Q3): $178.08 Mln vs. $156.19 Mln last year. -Revenue Change (Y-o-Y): 14.0%

-Guidance: Next quarter EPS guidance: $0.62 - $0.68 Next quarter revenue guidance: $176 - $181 Mln