Silicon Laboratories Inc. Q4 Profit Rises

(RTTNews) - Silicon Laboratories Inc. (SLAB) reported earnings for its fourth quarter that advanced from last year.

The company said its bottom line rose to $40.75 million, or $0.93 per share. This was higher than $20.11 million, or $0.47 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 10.1% to $201.02 million. This was up from $182.61 million last year.

Silicon Laboratories Inc. earnings at a glance:

-Earnings (Q4): $40.75 Mln. vs. $20.11 Mln. last year. -Earnings Growth (Y-o-Y): 102.6% -EPS (Q4): $0.93 vs. $0.47 last year. -EPS Growth (Y-o-Y): 97.9% -Revenue (Q4): $201.02 Mln vs. $182.61 Mln last year. -Revenue Change (Y-o-Y): 10.1%

-Guidance: Next quarter EPS guidance: $0.73 - $0.79 Next quarter revenue guidance: $196 - $202 Mln