Silicon Laboratories Inc. Q1 Income Rises

(RTTNews) - Silicon Laboratories Inc. (SLAB) released earnings for its first quarter that rose from the same period last year.

The company's bottom line came in at $26.41 million, or $0.60 per share. This compares with $15.43 million, or $0.36 per share, in last year's first quarter.

The company's revenue for the quarter rose 14.7% to $205.38 million from $179.03 million last year.

Silicon Laboratories Inc. earnings at a glance:

-Earnings (Q1): $26.41 Mln. vs. $15.43 Mln. last year. -EPS (Q1): $0.60 vs. $0.36 last year. -Revenue (Q1): $205.38 Mln vs. $179.03 Mln last year.

-Guidance: Next quarter EPS guidance: $0.81 and $0.87 Next quarter revenue guidance: $211 - $217 Mln