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AI brief of an SEC Form 8-K · Silicon Labs (SLAB)

Silicon Labs Q3 revenue falls to $166 million; GAAP loss of $0.88 per share

Negative Impact 3 of 5 earnings Written later

Silicon Labs reported third-quarter 2024 revenue of $166 million, down from $203.8 million a year earlier, and a GAAP diluted loss of $(0.88) per share compared with diluted earnings of $0.32 a year earlier. The company guided fourth-quarter revenue to $161 million to $171 million and a GAAP diluted loss per share of $(0.75) to $(1.05), so the year-over-year decline and losses are expected to continue into the next quarter.

Key points

  • Q3 revenue was $166 million, versus $203.8 million in the third quarter of 2023; the company cited sequential growth in Industrial & Commercial and Home & Life revenue.
  • GAAP operating loss was $30 million and non-GAAP operating loss was $8 million; non-GAAP diluted loss per share was $(0.13).
  • Fourth-quarter 2024 outlook: revenue of $161 million to $171 million and GAAP diluted loss per share of $(0.75) to $(1.05).

The filing

CompanySilicon Labs (SLAB)
Form8-K, current report
Filed with the SECNov 4, 2024, 4:12 PM ET
Accession number0001628280-24-045001

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.