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Silicon Labs wows Wall Street amid record Q4 revenue

2015-02-05 00:03:17| Electronics - Topix.net

Shares of Silicon Laboratories Inc. surged more than 8 percent Wednesday after the company posted record fourth-quarter revenue and handily beat analyst earnings estimates. The Austin-based company reported a quarterly profit of $10 million, or 23 cents per share, on revenue of $161.9 million compared with a profit of $10.6 million, or 24 cents per share, on revenue of $146.2 million during the same period the previous fiscal year.

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