Silicon Laboratories Inc. Profit Falls 0% In Q3

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

The company said its bottom line dropped to $19.95 million, or $0.46 per share. This was down from $20.02 million, or $0.47 per share, in last year's third quarter.

The company said revenue for the quarter rose 11.6% to $198.72 million. This was up from $178.08 million last year.

Silicon Laboratories Inc. earnings at a glance:

-Earnings (Q3): $19.95 Mln. vs. $20.02 Mln. last year. -Earnings Decline (Y-o-Y): -0.3% -EPS (Q3): $0.46 vs. $0.47 last year. -EPS Decline (Y-o-Y): -2.1% -Revenue (Q3): $198.72 Mln vs. $178.08 Mln last year. -Revenue Change (Y-o-Y): 11.6%

-Guidance: Next quarter EPS guidance: $0.83 - $0.89 Next quarter revenue guidance: $195 - $201 Mln