Silicon Labs Stock Gains on Q4 Beat, Robust Q1 Guidance

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Silicon Laboratories Inc. reported fourth-quarter FY21 revenue growth of 43 percent Y/Y to $208.68 million, beating the consensus of $200.2 million.

Margins

The non-GAAP gross margin expanded 280 bps to 61.4 percent. The non-GAAP operating margin contracted 240 bps to 16.3 percent.

The non-GAAP EPS of $0.77 beat the consensus of $0.57.