Silicon Labs Sees Q3 Adj. Earnings In Line Or Above Market View - Quick Facts

(RTTNews) - Silicon Laboratories Inc. (SLAB) Wednesday said it expects third-quarter earnings per share between $0.35 and $0.41 and adjusted earnings per share between $0.78 and $0.84.

The company expects revenue in the third quarter to be in the range of $193 million to $199 million.

On average, analysts polled by Thomson Reuters expect earnings of $0.78 per share on revenues of $192.82 million for the quarter. Analysts' estimates typically exclude special items.

For the quarter, gross margin would be at approximately 58.5%and adjusted gross margin would be at 58.5%.