The Traderszone Network

Published in TZ Latest News 26 July, 2017 by The TZ Newswire Staff

Silicon Labs Rides Internet of Things Strength to Another Great Quarter

Silicon Laboratories (NASDAQ: SLAB) announced second-quarter 2017 results on Wednesday morning, easily exceeding its latest guidance and marking its sixth straight quarter of record Internet of Things segment revenue.

With shares of the fabless semiconductor specialist up 11% today to close at a fresh 52-week high, let’s dig deeper to see how Silicon Labs ended the first half of the year, and what to expect going forward.

Image source: Getty Images.

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