SILICON LABORATORIES INC
For the period ended Mar 30, 2024. Filed Apr 24, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 30, 2024 · Filed Apr 24, 2024
SLAB$221.61-0.1%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of for the months ended and
Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months Ended | ||
|---|---|---|
| March 30,2024 | April 1,2023 | |
| Revenues | $106,375 | $246,787 |
| Cost of revenues | 51,306 | 92,927 |
| Gross profit | 55,069 | 153,860 |
| Operating expenses: | ||
| Research and development | 80,650 | 89,396 |
| Selling, general and administrative | 33,553 | 44,891 |
| Operating expenses | 114,203 | 134,287 |
| Operating income (loss) | (59,134) | 19,573 |
| Other income (expense): | ||
| Interest income and other, net | 2,732 | 4,836 |
| Interest expense | (509) | (1,656) |
| Income (loss) before income taxes | (56,911) | 22,753 |
| Provision (benefit) for income taxes | (385) | 7,753 |
| Equity-method loss | — | (1,033) |
| Net income (loss) | $(56,526) | $13,967 |
| Earnings (loss) per share: | ||
| Basic | $(1.77) | $0.44 |
| Diluted | $(1.77) | $0.41 |
| Weighted-average common shares outstanding: | ||
| Basic | 31,910 | 31,959 |
| Diluted | 31,910 | 33,753 |
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