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Silicon Labs Reports Fourth Quarter and Full Year 2022 Results

PR Newswire - Wed Feb 1, 2023

IoT leader doubles revenue in two years to more than $1 billion

AUSTIN, Texas, Feb. 1, 2023 /PRNewswire/ -- Silicon Labs (NASDAQ: SLAB), a leader in secure, intelligent wireless technology for a more connected world, reported financial results for the fourth quarter, which ended December 31, 2022. Revenue exceeded the top end of the guidance range at $257 million, up 23% year-on-year.  Silicon Labs saw full-year revenue growth across both its Industrial & Commercial and Home & Life product groups.

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