Silicon Laboratories Inc. Q3 adjusted earnings of $1.01 per share

(RTTNews) - Silicon Laboratories Inc. (SLAB) reported earnings for its third quarter that advanced from the same period last year.

The company's bottom line came in at $27.76 million, or $0.63 per share. This compares with $19.95 million, or $0.46 per share, in last year's third quarter.

Excluding items, Silicon Laboratories Inc. reported adjusted earnings of $44.66 million or $1.01 per share for the period.

The company's revenue for the quarter rose 15.9% to $230.24 million from $198.72 million last year.

Silicon Laboratories Inc. earnings at a glance:

-Revenue (Q3): $230.24 Mln vs. $198.72 Mln last year.

-Guidance: Next quarter EPS guidance: $0.91 - $0.97 Next quarter revenue guidance: $221 to $227 Mln