The Traderszone Network

Published in TZ Latest News 25 October, 2017 by The TZ Newswire Staff

Silicon Laboratories’ IoT Momentum Leads to Another Quarterly Beat

Silicon Laboratories (NASDAQ: SLAB) announced third-quarter 2017 results on the morning of Oct. 25, highlighting record quarterly revenue led once again by the growth of its Internet of Things (IoT) solutions. The fabless semiconductor specialist also offered encouraging guidance for the coming quarter.

Shares are up more than 36% year to date as of the Oct. 25 close. Now let’s take a closer look at how the company started the second half of the year.

Image source: Getty Images.

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