Si Labs beats estimates on Q1 earnings

04/25/2013 | Wall Street Journal, The

Silicon Laboratories posted a $20 million profit in the first quarter, compared with a year-earlier profit of $14.3 million, as revenue increased 16% to $145.4 million. The chip company forecast Q2 revenue would be between $140 million to $146 million, while analysts polled by Thomson Reuters have called for $149 million, on average.

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