Semiconductor industry entering upcycle, demand for AI and accelerated compute strengthening. Optimism about revenue prospects and cyclical improvements.
Silicon Labs (NASDAQ: SLAB) reported Q4 sales of $86.85M, beating consensus of $85.21M. Adjusted EPS loss of $(1.19) beat consensus of $(1.43). Q1 outlook: Revenue $100M-$110M, EPS loss $(0.92)-$(1.04).
Companies Reporting Before The Bell • Madison Square Garden (NYSE:MSGE) is expected to report quarterly loss at $0.80 per share on revenue of $301.83 million.