Silicon Laboratories

The shares of Silicon Laboratories rose to an all-time high of $222.49 and are currently trading around $221.80, roughly 1% below the 52-week high. The stock gained 62.91% over the past year and is up 68.87% year-to-date, supported by revenue growth of 21.71% in the last twelve months. In the second quarter the company beat expectations with adjusted EPS of $0.71 (consensus $0.70) and revenue of $228.18 million (up 18% year-over-year). Segment reports showed particularly strong growth in the medical area at 78%, and adjusted gross margin was 61.9%. » Więcej na de.investing.com

Silicon Labs operated a 200-node Matter-over-Thread validation network in its Boston office, demonstrating 100% commissioning success and consistent multicast and unicast performance. The deployment showed resilience to real-world interference from active Wi‑Fi and Bluetooth and confirmed scalability for commercial buildings, multi-dwelling units and industrial IoT. The test used the OpenThread Border Router and Silicon Labs' Concurrent Multiprotocol technology to enable multi-protocol device support without specialized engineering. » Więcej na finance.yahoo.com

Silicon Laboratories' stock rose to a record high of $218.74 and is currently trading at $218.79 with a market capitalization of $7.2 billion. Over the past year the stock delivered a total return of 79%; revenue growth for the last twelve months was 25% and three analysts recently raised their earnings estimates. An InvestingPro analysis rates the stock as relatively overvalued. Shareholders approved the merger with Texas Instruments, which will make Silicon Laboratories a wholly owned subsidiary of Texas Instruments; there were also promotions and new board elections. » Więcej na de.investing.com