Silicon Laboratories Inc. (SLAB) Report Analysis
Corporate Events
Silicon Laboratories Inc.(NasdaqGS:SLAB) added to Russell 2000 Dynamic Index
2022-06-24 00:00:00
Silicon Laboratories Inc.(NasdaqGS:SLAB) added to Russell 2000 Dynamic Index
Silicon Labs Announces New Bluetooth® Location Services with Advanced Hardware and Software
2022-06-21 04:04:00
Silicon Labs announced its new, Bluetooth Location Services solution using accurate, low-power Bluetooth devices to simplify Angle of Arrival (AoA) and Angle of Departure (AoD) location services. Combining hardware and software, this new platform delivers energy efficiency by using Silicon Labs' BG22 SiP modules and SoCs, which can operate for up to ten years on only a coin cell battery, with advanced software that can track assets, improve indoor navigation, and better locate tags with sub-meter accuracy. Borda Technology is one of the first companies to adopt this new platform. Borda provides "IoT for Healthcare" products such as Asset Management, Asset Utilization, Patient Throughput Management and Patient Flow, Patient Safety, and more through real-time location services (RTLS). In many industries, locating inventory and physical assets can often be a time-consuming process. It can also lead to waste, as assets are lost behind shelves or in unexpected locations. This is a problem across many industries, such as an assembly line for an automotive manufacturer with an average of 30,000 parts per vehicle, or a pharmaceutical company where quantities of drug ingredients need to be monitored to the smallest measure. While there are several existing location-based technologies, they are plagued by limitations that affect their usefulness at scale. GPS is ineffective indoors, Wi-Fi has varying degrees of accuracy, and the very-accurate ultra-wideband (UWB) can be more expensive than other solutions and has high energy requirements. Bluetooth is a mature technology that can overcome many of these barriers with new software. When Bluetooth 5.1 was released in early 2019, some of the new key features were improved location services. Building off of that, Silicon Labs has developed new advanced software, designed to maximize the location-finding capabilities of BG22 series of SoCs and SiP modules. The new features are comprised of the following: Asynchronous continued tone extension (CTE) broadcasts from the device to the locator. Asynchronous broadcast eliminates the need for synchronized transmission timings between the device and locator, thereby enabling the locators to track a large number of assets simultaneously and multiple locators to simultaneous to see the same asset at the same time for triangulation. Broad spectrum CTE broadcast across all 37 channels to reduce interference by moving the CTE transmissions from advertisement to data channels. These new features enhance Silicon Labs' Bluetooth software portfolio, one of the most comprehensive set of solutions available for accelerating development of direction-finding applications. With additional development tools specifically designed to accelerate development of direction-finding applications. Silicon Labs' portfolio positions developers and designers to build a wide range of IoT location service applications that can meet the unique needs of every environment and deployment. This new software runs on the BG22 family of Bluetooth low energy (LE) SoCs and SiPs, the smallest in Silicon Labs' portfolio. This product family combines best-in-class, ultra-low transmit and receive power (4.1 mA TX at 0 dBm, 3.6 mA RX) with a high-performance, low-power ARM® Cortex®-M33 core (27 µA/MHz active, 1.2 µA sleep). Altogether, these deliver industry-leading energy efficiency that can extend coin-cell battery life up to ten years. Hospitals are constantly buzzing with activity, from specialized equipment moving from room to room, to patients moving throughout the facility, to drugs being administered, even down to cleaning and sterilization services. These tasks use countless pieces of individual hospital assets that must be carefully tracked in order to ensure they can be located when they're required, arrive on time, and are accounted for. This can be time-consuming when time is precious. One study recently found that in a single shift, nurses spend over an hour on average trying to track down the equipment they need to do their jobs. Borda Technology seeks to change that by using RTLS asset tracking capabilities, which can reduce the time it takes to search for equipment, so employees can focus on patient care. Using the new Silicon Labs AoA and AoD software, running on BG22 Bluetooth SoCs, Borda introduced new tamper-proof asset tracking tags that not only can help to locate an item, but also provide staff with operational insights when making informed healthcare and business decisions. For example, the Borda solution prevents uncalibrated equipment from being used by setting alarms that can alert staff to equipment that needs attention, thereby preventing dangerous, and at times life-threatening, accidents. Silicon Labs' holistic, platform-centric approach to Bluetooth location services and the simplicity of the BG22 has helped Borda dramatically decrease how long it takes to install its solution. What once took months, can now be up and running in just weeks.
Silicon Laboratories Inc. Presents at Electronic Security Expo, Jun-15-2022 10:30 AM
2022-06-15 05:40:00
Silicon Laboratories Inc. Presents at Electronic Security Expo, Jun-15-2022 10:30 AM. Speakers: Colin Cureton, Senior Director Home & Consumer Ecosystem and Business Development.
Silicon Laboratories Inc. Presents at Embedded World 2022, Jun-21-2022 03:30 PM
2022-06-13 09:57:00
Silicon Laboratories Inc. Presents at Embedded World 2022, Jun-21-2022 03:30 PM. Venue: The Exhibition Centre Nuremberg, Nürnberg Messe, Nuremberg, Germany. Speakers: Venkatesh Narasimhan.
Silicon Laboratories Inc. Presents at The Six Five Summit, Jun-07-2022
2022-05-30 08:34:00
Silicon Laboratories Inc. Presents at The Six Five Summit, Jun-07-2022 . Speakers: Matt Johnson, President and CEO.
Futurum Research, Moor Insights & Strategy, the Six Five Summit, Jun 07, 2022 through Jun 09, 2022
2022-05-28 09:25:00
Futurum Research, Moor Insights & Strategy, The Six Five Summit, Jun 07, 2022 through Jun 09, 2022.
Silicon Laboratories Inc. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-01-2022 10:15 AM
2022-05-24 11:05:00
Silicon Laboratories Inc. Presents at Cowen 50th Annual Technology, Media, and Telecom Conference, Jun-01-2022 10:15 AM. Venue: New York City, New York, United States. Speakers: John C. Hollister, Chief Financial Officer.
Silicon Laboratories Inc. Presents at Stifel 2022 Cross Sector Insight Conference, Jun-09-2022 08:35 AM
2022-05-24 11:05:00
Silicon Laboratories Inc. Presents at Stifel 2022 Cross Sector Insight Conference, Jun-09-2022 08:35 AM. Venue: The InterContinental Boston Hotel, Boston, Massachusetts, United States. Speakers: John C. Hollister, Chief Financial Officer.
Silicon Laboratories Inc. Provides Consolidated Earnings Guidance for Second Quarter of 2022
2022-04-27 11:05:00
Silicon Laboratories Inc. provided consolidated earnings guidance for second quarter of 2022. For the period, The company expects revenue to be in the range of $245 million to $255 million. GAAP diluted earnings per share to be between $0.37 to $0.47.
Tranche Update on Silicon Laboratories Inc. (NasdaqGS:SLAB)'s Equity Buyback Plan announced on February 2, 2022.
2022-04-27 09:17:00
From January 27, 2022 to April 2, 2022, the company has repurchased 1,135,000 shares, representing 2.95% for $163.87 million. With this, the company has completed the repurchase of 1,135,000 shares, representing 2.95% for $163.87 million under the buyback announced on February 2, 2022.
Tranche Update on Silicon Laboratories Inc. (NasdaqGS:SLAB)'s Equity Buyback Plan announced on May 19, 2021.
2022-04-27 09:17:00
From January 2, 2022 to April 2, 2022, the company has repurchased 284,000 shares, representing 0.74% for $60 million. With this, the company has completed the repurchase of 2,803,000 shares, representing 6.86% for $512.92 million under the buyback announced on May 19, 2021.
Silicon Laboratories Inc. announces an Increase in Equity Buyback.
2022-04-27 00:00:00
In April, 2022, the company announced an increase in its equity buyback plan. The company increased its authorization by $350 million, thereby bringing total authorization to $600 million.
Silicon Laboratories Inc. to Report Q1, 2022 Results on Apr 27, 2022
2022-04-08 11:05:00
Silicon Laboratories Inc. announced that they will report Q1, 2022 results on Apr 27, 2022
Silicon Laboratories Inc., Q1 2022 Earnings Call, Apr 27, 2022
2022-04-08 11:05:00
Silicon Laboratories Inc., Q1 2022 Earnings Call, Apr 27, 2022
Silicon Laboratories Inc.'s Equity Buyback announced on May 19, 2021, has expired with 2,803,000 shares, representing 6.86% of share capital for $ 512.91 million.
2022-04-02 00:00:00
The company expired its plan on April 2, 2022.
Silicon Laboratories Inc. - Shareholder/Analyst Call
2022-03-09 21:06:00
Annual Meeting of Stockholders
Silicon Laboratories Inc., Annual General Meeting, Apr 21, 2022
2022-03-09 21:06:00
Silicon Laboratories Inc., Annual General Meeting, Apr 21, 2022, at 09:00 Central Standard Time. Agenda: To elect three Class III directors to serve on the Board of Directors until 2025 annual meeting of stockholders, or until a successor is duly elected and qualified; to ratify the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2022; to vote on an advisory (non-binding) resolution to approve executive compensation; and to transact such other business as may properly come before the meeting or any adjournment or adjournments thereof.
Stifel, Nicolaus & Company, Incorporated, Stifel 2022 Cross Sector Insight Conference, Jun 06, 2022 through Jun 09, 2022
2022-03-02 19:15:00
Stifel, Nicolaus & Company, Incorporated, Stifel 2022 Cross Sector Insight Conference, Jun 06, 2022 through Jun 09, 2022. Venue: The InterContinental Boston Hotel, Boston, Massachusetts, United States.
NürnbergMesse GmbH, Embedded World 2022, Jun 20, 2022 through Jun 23, 2022
2022-02-08 00:00:00
NürnbergMesse GmbH, Embedded World 2022, Jun 20, 2022 through Jun 23, 2022. Venue: The Exhibition Centre Nuremberg, Nürnberg Messe, Nuremberg, Germany.
Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022
2022-02-07 20:29:00
Cowen Inc., Cowen 50th Annual Technology, Media, and Telecom Conference, Jun 01, 2022 through Jun 03, 2022. Venue: New York City, New York, United States.
Silicon Laboratories Inc. Provides Earnings Guidance for the First Quarter Ending April 2, 2022
2022-02-02 12:05:00
Silicon Laboratories Inc. provided earnings guidance for the first quarter ending April 2, 2022. The company expects first quarter revenue to be in the range of $220 million to $230 million and GAAP diluted earnings per share to be between $0.15 to $0.25.
Silicon Laboratories Inc. (NasdaqGS:SLAB) announces an Equity Buyback for $250 million worth of its shares.
2022-02-02 07:58:00
Silicon Laboratories Inc. (NasdaqGS:SLAB) announces a share repurchase program. Under the program, the company will repurchase up to $250 million worth of common stock. The program is valid till end of the fiscal year.
Silicon Laboratories Inc. authorizes a Buyback Plan.
2022-01-27 00:00:00
The Board of Directors of Silicon Laboratories Inc. has authorized a buyback plan on January 27, 2022.
Silicon Laboratories Inc. to Report Q4, 2021 Results on Feb 02, 2022
2022-01-14 12:05:00
Silicon Laboratories Inc. announced that they will report Q4, 2021 results on Feb 02, 2022
Silicon Laboratories Inc., Q4 2021 Earnings Call, Feb 02, 2022
2022-01-14 12:05:00
Silicon Laboratories Inc., Q4 2021 Earnings Call, Feb 02, 2022
Silicon Labs Appoints Sherri Luther to its Board of Directors
2022-01-04 15:26:00
Silicon Labs announced the appointment of Sherri Luther to the company's board of directors. She brings more than 30 years of experience guiding global technology companies as they scale and accelerate growth to her Silicon Labs board position. Ms. Luther currently serves as the Chief Financial Officer for Lattice Semiconductor (NASDAQ: LSCC), a global leader in low power FPGAs, and was recently named 'CFO of the Year' by the Portland Business Journal. She has driven the financial transformation of the company that has led to record profitability and a 10x increase in market capitalization.
Silicon Laboratories Inc. Announces Board Changes
2022-01-03 13:27:00
On December 31, 2021, Jack Lazar notified Silicon Laboratories Inc. of his decision to not stand for re-election at the Company’s 2022 annual meeting of stockholders. Accordingly, his tenure as a member of the Company’s board of directors will be completed at the 2022 annual meeting of stockholders. Mr. Lazar’s decision to not stand for re-election is not due to any disagreement with Silicon Laboratories regarding its operations, policies or practices. Silicon Laboratories appointed Matt Johnson as CEO, replacing Tyson Tuttle, effective as of January 2, 2022. On December 31, 2021, Mr. Johnson was appointed to the Company’s board of directors effective as of January 2, 2022 and will serve as a Class II director with a term expiring in 2024. On December 31, 2021, Silicon Laboratories appointed Sumit Sadana to serve as the Company’s Lead Director effective as of January 2, 2022, replacing William Wood in such capacity. Mr. Wood remains a member of the Company’s board of directors.
Silicon Labs Appoints Sumit Sadana as Lead Director
2022-01-03 13:15:00
Silicon Labs announced that Sumit Sadana has been appointed Lead Director of the company's board of directors. Sadana succeeds Bill Wood who has held that position since 2005 and remains a member of the board. Sadana has been a director on the Silicon Labs board since 2015 and he is a member of the nominating and governance committee. He is currently the executive vice president and chief business officer at Micron Technology, a leader in innovative memory and storage solutions. Prior to joining Micron, Sadana held various leadership roles at SanDisk including executive vice president, chief strategy officer, and general manager of enterprise solutions. Sadana started his career at IBM Corporation before going on to become senior vice president of strategy and business development and chief technology officer at Freescale Semiconductor.
Silicon Labs Appoints Sherri Luther to Board of Directors
2022-01-03 13:05:00
Silicon Labs announced the appointment of Sherri Luther to the company's board of directors. She brings more than 30 years of experience guiding global technology companies as they scale and accelerate growth to her Silicon Labs board position. Ms. Luther currently serves as the Chief Financial Officer for Lattice Semiconductor a global leader in low power FPGAs, and was recently named 'CFO of the Year' by the Portland Business Journal. She has driven the financial transformation of the company that has led to record profitability and a 10x increase in market capitalization. Before joining Lattice, Ms. Luther was Corporate Vice President of Finance at Coherent, Inc, overseeing large scale acquisitions and providing strategic direction across 40 global sites. Prior to Coherent, she held a number of senior finance and accounting positions at companies including Quantum Corporation, Ultra Network Technologies, and Arthur Andersen. Ms. Luther is a Certified Public Accountant (CPA) and has an Executive MBA from Stanford University Graduate School of Business.
Silicon Labs Launches 3D Experience
2021-12-16 13:05:00
Silicon Labs has launched a first-of-its-kind 3D virtual smart home platform – an interactive journey that takes users through innovative smart home solutions, various applicable protocols, and ecosystem connections. Users can take a self-guided tour and explore three different uses cases: home security, home automation and health, as well as the protocols and ecosystems they work with and connect to. The self-guided tour allows users to explore each area of the virtual home: the front door, kitchen, bathroom and office, as well as their different applications and use cases, painting a full picture of an integrated smart home. The platform will continue to evolve in lockstep with Silicon Labs as new programs are launched with ecosystem partners and new products and applications are integrated to meet the world's growing IoT needs.
Silicon Labs and Memfault Partner to Improve IoT Development and Operations with Embedded Observability and Debugging in the Cloud
2021-12-15 13:00:00
Silicon Labs and Memfault announced their partnership integrating enhanced development and operations management tools with Silicon Labs’ EFR32 and EFM32 devices. The partnership enables advanced MCU-based applications to de-risk development and launch schedules, and confidently ship products that can be monitored and continuously improved in the field. Memfault created a cloud-based embedded device diagnostics platform that solves these serviceability challenges via fleet observability, remote debugging and firmware over-the-air (OTA) management. Memfault arms engineers with detailed visibility into device performance and fleet-level behaviors of products anywhere in the world as if they had them to a local debugger. This allows engineers to proactively identify top issues, find the root cause without RMAs, and resolve them all from one cohesive interface.
Silicon Laboratories Inc. Presents at Barclays Global TMT Conference 2021, Dec-08-2021 07:55 AM
2021-12-08 12:39:00
Silicon Laboratories Inc. Presents at Barclays Global TMT Conference 2021, Dec-08-2021 07:55 AM. Speakers: John C. Hollister, Senior VP & CFO.
Silicon Laboratories Inc. Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2021
2021-10-27 11:05:00
Silicon Laboratories Inc. provided earnings guidance for the fourth quarter of fiscal year 2021. For the quarter, the company expects revenue to be in the range of $195 to $205 million. GAAP diluted loss per share to be in the range of a $0.41 to $0.31.
Tranche Update on Silicon Laboratories Inc. (NasdaqGS:SLAB)'s Equity Buyback Plan announced on May 19, 2021.
2021-10-27 09:19:00
From July 4, 2021 to October 2, 2021, the company has repurchased 247,000 shares, representing 0.55% for $39.23 million. With this, the company has completed the repurchase of 389,000 shares, representing 0.87% for $58.16 million under the buyback announced on May 19, 2021.
Silicon Laboratories Inc. announces an Increase in Equity Buyback.
2021-10-21 00:00:00
On October 21, 2021, the company announced an increase in its equity buyback plan. The company increased its authorization by $400 million and extended the plan duration till first quarter of 2022.
Silicon Laboratories Inc. to Report Q3, 2021 Results on Oct 27, 2021
2021-10-11 11:05:00
Silicon Laboratories Inc. announced that they will report Q3, 2021 results on Oct 27, 2021
Silicon Laboratories Inc., Q3 2021 Earnings Call, Oct 27, 2021
2021-10-08 12:26:00
Silicon Laboratories Inc., Q3 2021 Earnings Call, Oct 27, 2021
Silicon Laboratories Inc. Presents at 5th Annual Virtual Wells Fargo TMT Summit, Dec-01-2021 04:40 PM
2021-10-07 17:42:00
Silicon Laboratories Inc. Presents at 5th Annual Virtual Wells Fargo TMT Summit, Dec-01-2021 04:40 PM. Speakers: John C. Hollister, Senior VP & CFO, Robert Matthew Johnson, President.
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021
2021-10-07 09:16:00
Wells Fargo Securities, LLC, 5th Annual Virtual Wells Fargo TMT Summit, Nov 30, 2021 through Dec 03, 2021.
Silicon Laboratories Inc. Presents at Citi 2021 Global Technology Virtual Conference, Sep-13-2021 04:20 PM
2021-09-10 11:05:00
Silicon Laboratories Inc. Presents at Citi 2021 Global Technology Virtual Conference, Sep-13-2021 04:20 PM. Speakers: G. Tyson Tuttle, CEO & Director, John C. Hollister, Senior VP & CFO.
Tranche Update on Silicon Laboratories Inc. (NasdaqGS:SLAB)'s Equity Buyback Plan announced on August 3, 2021.
2021-09-02 07:32:00
From July 22, 2021 to August 30, 2021, the company has repurchased 4,000,000 shares, representing 8.94% for $640.7 million. With this, the company has completed the repurchase of 4,000,000 shares, representing 8.94% for $640.7 million under the buyback announced on August 3, 2021.
Silicon Laboratories Inc.'s Equity Buyback announced on August 3, 2021, has expired with 3,994,545 shares, representing 8.92% for $639.13 million.
2021-08-30 00:00:00
The company expired its plan on August 30, 2021.
Silicon Laboratories Inc. Presents at Works With 2021 Developer Conference, Sep-14-2021 through Sep-16-2021
2021-08-20 12:05:00
Silicon Laboratories Inc. Presents at Works With 2021 Developer Conference, Sep-14-2021 through Sep-16-2021. Presentation Date & Speakers: Sep-15-2021, Brian Blum, senior product marketing manager, Ross Sabolcik, vice president, industrial and commercial IoT.
Z-Wave Alliance, LLC, CEDIA Expo 2021, Sep 01, 2021 through Sep 03, 2021
2021-08-11 15:07:00
Z-Wave Alliance, LLC, CEDIA Expo 2021, Sep 01, 2021 through Sep 03, 2021.
Silicon Laboratories Inc. Presents at CEDIA Expo 2021, Sep-01-2021
2021-08-11 15:07:00
Silicon Laboratories Inc. Presents at CEDIA Expo 2021, Sep-01-2021 . Speakers: Mitch Klein, Executive Director of the Z-Wave Alliance & Director, Strategic Partnerships.
Silicon Laboratories Inc. (NasdaqGS:SLAB) announces an Equity Buyback for $1,000 million worth of its shares.
2021-08-03 07:01:00
Silicon Laboratories Inc. (NasdaqGS:SLAB) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common stock. The purchase price per share shall not be less than $140.00 and not greater than $160.00 per share. The purpose of the offer is to return capital to stockholders. The company expects to fund the repurchases with available cash. In the event that shares are validly tendered at or below the purchase price having an aggregate purchase price of more than $1,000 million, he company may exercise its right to purchase up to an additional 2% of our outstanding shares without extending the expiration time. The offer is subject to the exception for odd lot holders, in the event of an over-subscription of the offer, shares tendered pursuant to the offer prior to the expiration time will be subject to proration. The offer will expire on August 30, 2021, unless extended. As of July 20, 2021, the company had 44,764,087 shares issued and outstanding.
Silicon Laboratories Inc. Presents at 22nd Annual KeyBanc Virtual Technology Leadership Forum, Aug-09-2021 03:20 PM
2021-07-30 14:13:00
Silicon Laboratories Inc. Presents at 22nd Annual KeyBanc Virtual Technology Leadership Forum, Aug-09-2021 03:20 PM. Venue: Grand Hyatt, Vail, Colorado, United States. Speakers: John C. Hollister, Senior VP & CFO, Matt Johnson.
Silicon Laboratories Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2021
2021-07-28 11:05:00
Silicon Laboratories Inc. provided earnings guidance for the third quarter of fiscal year 2021. For the quarter, the company expects revenue from continuing operations to be in the range of $170 to $180 million. Expect GAAP diluted loss per share to be in the range of a $0.56 to $0.46.
Silicon Laboratories Inc. Announces Executive Changes
2021-07-28 11:05:00
Silicon Labs announced the board-approved, succession plan to elect company President Matt Johnson as the new chief executive officer when Tyson Tuttle retires on January 1, 2022. Tuttle joined Silicon Labs in 1997 as the 10th employee and has held a variety of roles in design engineering and product management, including CTO and COO, before being named CEO in 2012. He spearheaded the company's focus on IoT, leveraging its wireless expertise to become one of the industry's most respected market leaders. Tuttle will continue to serve the company as member of its Technical Advisory Board after he steps down as CEO. Matt Johnson joined Silicon Labs in 2018 as senior vice president and general manager of IoT products and was promoted to president in April 2021. Prior to joining the company,?Johnson served in leadership roles at NXP Semiconductors, Freescale Semiconductor, and Fairchild Semiconductor.
Tranche Update on Silicon Laboratories Inc. (NasdaqGS:SLAB)'s Equity Buyback Plan announced on May 19, 2021.
2021-07-28 09:18:00
From May 19, 2021 to July 3, 2021, the company has repurchased 142,000 shares, representing 0.32% for $18.93 million. With this, the company has completed the repurchase of 142,000 shares, representing 0.32% for $18.93 million under the buyback announced on May 19, 2021.
Skyworks Solutions, Inc. (NasdaqGS:SWKS) completed the acquisition of Infrastructure & Automotive (I&A) business from Silicon Laboratories Inc. (NasdaqGS:SLAB).
2021-07-26 00:00:00
Skyworks Solutions, Inc. (NasdaqGS:SWKS) entered into a definitive asset purchase agreement to acquire Infrastructure & Automotive (I&A) business from Silicon Laboratories Inc. (NasdaqGS:SLAB) for $2.8 billion on April 22, 2021. The transaction includes Silicon Labs’ power/isolation, timing and broadcast products, intellectual property and associated employees. Silicon Labs and Skyworks will collaborate to ensure a seamless transition for customers, suppliers and employees. Skyworks expects to fund the transaction with a combination of cash on hand and committed debt financing arranged by J.P. Morgan. Skyworks Solutions entered into a debt commitment letter dated as of April 22, 2021, with JPMorgan Chase Bank, N.A. pursuant to which, among other things, JPMorgan has committed to provide Skyworks Solutions with a debt financing bridge commitment of up to $2.5 billion in order to finance the transaction. As of May 12, 2021, Skyworks Solutions intends to use the net proceeds of $1.5 billion from public offering and term loan facility of $1 billion to finance the cash consideration for its acquisition Infrastructure & Automotive (I&A) business of Silicon Laboratories Inc. Mark Thompson, senior vice president of Silicon Labs and general manager of the Infrastructure & Automotive business, will join Skyworks as part of the transaction, reporting directly to Liam K. Griffin, president and chief executive officer of Skyworks. In addition, approximately 350 employees, including the senior management team of the business, are expected to join Skyworks upon completion of the transaction. For the year ended December 31, 2020, Infrastructure & Automotive (I&A) business had revenue of $375 million. The transaction is subject to customary closing conditions including and among other things, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, as of the closing date, the Employment Agreements with at least three of the Key Employees will be in full force and effect and regulatory approvals in various jurisdictions. As of June 7, 2021 the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, expired in connection with the previously announced Asset Purchase Agreement. The expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the Asset Purchase. The closing of the Asset Purchase remains subject to the satisfaction or waiver of the remaining conditions to the closing of the Asset Purchase set forth in the Purchase Agreement. The company does not believe this transaction will require regulatory approval in China. The boards of directors of both Skyworks Solutions and Silicon Laboratories have approved the transaction. The transaction is expected to close in the third quarter of 2021. Silicon Labs expects to receive an estimated $2.3 billion in net proceeds after taxes and transaction fees. The company intends to return approximately $2.0 billion to shareholders through a combination of special dividends and/or share repurchases after the transaction closes. The proceeds provide an ideal opportunity for Silicon Labs to return value directly to its shareholders, while also increasing the ability to fully participate in the strong, expected IoT market growth. Skyworks expects the transaction to be immediately accretive and to accelerate the path to Skyworks achieving its target financial model. Qatalyst Partners served as the exclusive financial advisor to Silicon Labs and Philip Russell and D. Joseph Fore of DLA Piper served as the company’s legal advisor. Matthews South is serving as capital markets advisor. Drago Rajkovic, Pankaj Goel and Ilean Chau of JP Morgan is acting as the exclusive financial advisor to Skyworks and Jonn Beeson, Randi Lesnick and Joseph Melnik of Jones Day is acting as legal advisor, with Steptoe & Johnson advising on certain legal matters. Skyworks Solutions, Inc. (NasdaqGS:SWKS) completed the acquisition of Infrastructure & Automotive (I&A) business from Silicon Laboratories Inc. (NasdaqGS:SLAB) on July 26, 2021.
Silicon Laboratories Inc. authorizes a Buyback Plan.
2021-07-22 00:00:00
The Board of Directors of Silicon Laboratories Inc. has authorized a buyback plan on July 22, 2021.
Silicon Laboratories Inc. to Report Q2, 2021 Results on Jul 28, 2021
2021-07-09 12:05:00
Silicon Laboratories Inc. announced that they will report Q2, 2021 results on Jul 28, 2021
Silicon Laboratories Inc., Q2 2021 Earnings Call, Jul 28, 2021
2021-07-09 12:05:00
Silicon Laboratories Inc., Q2 2021 Earnings Call, Jul 28, 2021
Fundamental Summary
According to their recent financial report, which was published on 2022-04-27, Silicon had several impressive financial metrics that should make them more attractive than their peers going forward. Their growth, value, and income factors indicate a well-executed and balanced strategy, which is generating exciting growth. There should be significant upside potential for the stock looking forward. Therefore, they earned a total score of 84 out of 100 and a BUY recommendation.
Silicon reported earnings results for the first quarter ended April 02, 2022. For the first quarter, the company reported sales was USD 233.81 million compared to USD 157.86 million a year ago. Net income was USD 22.91 million compared to USD 13.51 million a year ago. Basic earnings per share from continuing operations was USD 0.6 compared to basic loss per share from continuing operations of USD 0.57 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to diluted loss per share from continuing operations of USD 0.57 a year ago. Basic earnings per share was USD 0.6 compared to USD 0.31 a year ago. Diluted earnings per share was USD 0.58.
Business Description
Silicon, a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, and internationally. The company’s products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the Internet of Things (IoT), including connected home and security, industrial automation and control, smart metering, smart lighting, commercial building automation, consumer electronics, asset tracking, and medical instrumentation. The company sells its products through its direct sales force, as well as through a network of independent sales representatives and distributors. Silicon was founded in 1996 and is headquartered in Austin, Texas.
Sector Overview
Silicon is included in the Semiconductors & Semiconductor Equipment according to GICS (global industry classification standard). The Semiconductors & Semiconductor Equipment industry is part of the Information Technology sector. It includes manufacturers of semiconductors, semiconductor equipment, and related products. Silicon's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | -0.6 | 82.0% | 98 | |
| Net Cashflow | 560.7 | -35.7% | 71 | |
| Capital Expenditure | -27.4 | 4.0% | 81 | |
| Asset Turnover | 0.3 | 16.1% | 87 | |
| Free Cashflow | -1.6 | 46.0% | 89 |
* All values are TTM
The below chart reflects Silicon's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Silicon's peer average final assessment score stands on 70.0, Silicon's score is 84.
- SLAB
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Silicon's stock is now priced above its 5-day and 50-day, but below its 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in both the short and medium-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Silicon's stock doesn't strongly signal being overbought or oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 57.
5D MA
142.84
50D MA
139.99
200D MA
160.52
MACD
-0.02
RSI
43.54
STOCH
78.19
Balance Sheet Analysis
Silicon appears likely to maintain its strong balance sheet metrics and momentum going forward. Silicon is doing a good job of keeping its liabilities under control and growing intelligently. At filing, their liabilities were 836.1, representing 12.1% change from the previous period. These numbers show that management has successfully encouraged growth while managing liabilities, especially relative to their peers. These results statistically lead to positive movement in stock prices, so we rated its liabilities movement component 89. Also, The company's assets section could set high expectations for Silicon's future attractiveness, as they went to 2843.8, which is a -3.9% change from the last period. This performance is interesting in comparison to its peers and competitors. Consequently, their asset movement received a grade of 81. However, one discouraging result, Cash & Equivalents, stood out. Silicon's management did a relatively poor job managing cash and cash equivalents, which now sit at 765.9 and represents a -28.7% change from the last reporting period. This performance is significantly less impressive than its peers and competitors. Its cash and cash equivalents movement, therefore, received a grade of 45. Because its management is doing an excellent job managing these critical metrics, the balance sheet was given a score of 72.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 2,843.8 | -3.9% | 81 |
| Liabilities | 836.1 | 12.1% | 89 |
| Price to Book | 2.6 | -26.6% | 48 |
| Cash & Equivalents | 765.9 | -28.7% | 45 |
| Equity | 2,007.7 | -9.3% | 59 |
The below chart describes Silicon's performance as reflected on its balance sheet with respect to its peers. While Silicon received a balance sheet score of 72, the average of its peers stands on 70.0.
- SLAB
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 78 | 70 | 65 | 97 | 54 | 71 | 0 | 1 |
| Intel Corporation | 154.5B | 65 | 69 | 76 | 90 | 81 | 77 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 57 | 71 | 96 | 80 | 80 | 82 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 63 | 69 | 87 | 46 | 84 | 76 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 61 | 78 | 96 | 80 | 88 | 4 | 1 |
| Broadcom Inc. | 102.5B | 67 | 79 | 58 | 56 | 55 | 62 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 71 | 72 | 63 | 41 | 55 | 60 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 62 | 80 | 66 | 66 | 66 | 69 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 73 | 69 | 85 | 76 | 74 | 81 | 8 | 1 |
| Lam Research Corporation | 60.8B | 72 | 77 | 58 | 51 | 45 | 60 | 9 | 1 |
| KLA Corporation | 49.3B | 75 | 62 | 73 | 53 | 66 | 66 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 71 | 68 | 56 | 62 | 76 | 64 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 71 | 84 | 50 | 46 | 51 | 60 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 65 | 84 | 76 | 72 | 66 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 81 | 65 | 74 | 82 | 74 | 78 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 74 | 68 | 77 | 89 | 82 | 81 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 85 | 64 | 76 | 92 | 80 | 84 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 77 | 63 | 46 | 52 | 62 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 77 | 62 | 78 | 96 | 85 | 81 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 49 | 81 | 62 | 45 | 47 | 52 | 19 | 1 |
| Entegris, Inc. | 14.1B | 62 | 70 | 75 | 55 | 78 | 70 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 64 | 83 | 64 | 67 | 55 | 67 | 21 | 1 |
| First Solar, Inc. | 7.2B | 76 | 70 | 50 | 58 | 58 | 59 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 53 | 79 | 78 | 60 | 64 | 68 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 60 | 73 | 73 | 76 | 72 | 70 | 24 | 1 |
| Universal Display Corporation | 5.2B | 57 | 76 | 83 | 85 | 69 | 75 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 65 | 78 | 73 | 87 | 82 | 81 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 68 | 72 | 69 | 61 | 58 | 65 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 71 | 71 | 79 | 92 | 76 | 81 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 56 | 82 | 58 | 79 | 53 | 61 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 70 | 68 | 75 | 74 | 77 | 75 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 73 | 76 | 81 | 96 | 73 | 86 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 69 | 74 | 81 | 76 | 74 | 32 | 1 |
| Semtech Corporation | 3.5B | 58 | 79 | 68 | 67 | 64 | 67 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 65 | 75 | 74 | 38 | 74 | 70 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 72 | 70 | 84 | 82 | 80 | 84 | 35 | 1 |
| Diodes Incorporated | 3.0B | 47 | 78 | 71 | 51 | 71 | 62 | 36 | 1 |
| SunPower Corporation | 3.0B | 72 | 81 | 42 | 83 | 54 | 61 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 40 | 85 | 60 | 40 | 48 | 54 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 68 | 71 | 75 | 85 | 74 | 76 | 39 | 1 |
| Nova Ltd. | 2.7B | 86 | 45 | 75 | 48 | 82 | 61 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 46 | 75 | 74 | 86 | 65 | 64 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 46 | 83 | 60 | 76 | 56 | 58 | 42 | 1 |
| Rambus Inc. | 2.4B | 43 | 83 | 41 | 95 | 54 | 48 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 91 | 54 | 59 | 62 | 62 | 59 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 76 | 68 | 84 | 71 | 73 | 81 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 94 | 61 | 78 | 79 | 86 | 88 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 78 | 55 | 91 | 85 | 95 | 77 | 47 | 1 |
| Impinj, Inc. | 1.4B | 63 | 68 | 79 | 39 | 92 | 72 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 56 | 78 | 69 | 48 | 67 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 53 | 82 | 57 | 59 | 58 | 58 | 50 | 1 |
| Photronics, Inc. | 1.2B | 53 | 85 | 66 | 76 | 66 | 69 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 89 | 63 | 75 | 95 | 82 | 86 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 84 | 71 | 41 | 78 | 47 | 58 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 89 | 63 | 68 | 87 | 67 | 77 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 54 | 81 | 63 | 90 | 51 | 63 | 55 | 1 |
| CEVA, Inc. | 778.5M | 81 | 74 | 60 | 87 | 60 | 73 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 59 | 76 | 66 | 38 | 63 | 60 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 68 | 40 | 78 | 38 | 53 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 60 | 39 | 97 | 56 | 58 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 96 | 63 | 59 | 97 | 55 | 74 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 91 | 62 | 81 | 95 | 93 | 93 | 61 | 1 |
| SiTime Corporation | 3.6B | 57 | 67 | 66 | 73 | 64 | 59 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 83 | 70 | 67 | 72 | 73 | 78 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 86 | 62 | 77 | 94 | 94 | 89 | 64 | 1 |
| Camtek Ltd. | 1.1B | 63 | 61 | 82 | 37 | 90 | 66 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 87 | 57 | 51 | 43 | 50 | 52 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 89 | 66 | 49 | 72 | 64 | 66 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 60 | 93 | 47 | 85 | 74 | 72 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 48 | 54 | 72 | 56 | 55 | 44 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 56 | 78 | 79 | 72 | 72 | 74 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 77 | 53 | 73 | 92 | 79 | 72 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 37 | 80 | 80 | 62 | 79 | 67 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 60 | 71 | 61 | 60 | 69 | 56 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 93 | 62 | 85 | 99 | 98 | 98 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 51 | 78 | 42 | 41 | 51 | 42 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 65 | 78 | 79 | 85 | 52 | 65 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 92 | 70 | 66 | 45 | 72 | 75 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 49 | 82 | 40 | 37 | 52 | 42 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 71 | 66 | 72 | 64 | 86 | 75 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 41 | 86 | 39 | 47 | 54 | 45 | 80 | 1 |
Income Statement Analysis
Silicon appears likely to maintain its strong income statement metrics and momentum going forward. In this filing, Silicon reported a return on equity (ROE) ratio of -0.6, which represents a change of 82.0%. These numbers show that management has successfully encouraged growth while managing ROE and ROA metrics, especially relative to their peers. Consequently, their return factors received a grade of 98. Also, Silicon reported impressive EBITDA this period. At filing, EBITDA was reported as 85.4, representing 130.0% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. The company's EBITDA movement, therefore, received a grade of 96. On the other hand, Revenue Efficiency, jumped out as looking rather underwhelming. Silicon's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 18.5 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. As a result, their revenue efficiency earned a score of 44. Therefore, their income statement earned a grade of 70.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 85.4 | 130.0% | 96 |
| Total Revenues | 796.8 | 10.5% | 44 |
| Return on Equity | -0.6 | 82.0% | 98 |
The below chart describes Silicon's performance as reflected on its income statement with respect to its peers. While Silicon received a income statement score of 70 , the average of its peers stands on 68.0.
- SLAB
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 46 | 83 | 67 | 63 | 0 | 1 |
| Intel Corporation | 154.5B | 90 | 55 | 74 | 76 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 48 | 87 | 78 | 66 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 69 | 78 | 70 | 74 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 40 | 89 | 38 | 59 | 4 | 1 |
| Broadcom Inc. | 102.5B | 59 | 80 | 90 | 71 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 72 | 68 | 73 | 72 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 40 | 91 | 92 | 65 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 59 | 87 | 90 | 74 | 8 | 1 |
| Lam Research Corporation | 60.8B | 80 | 64 | 75 | 74 | 9 | 1 |
| KLA Corporation | 49.3B | 56 | 77 | 76 | 67 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 79 | 90 | 71 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 41 | 89 | 87 | 64 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 57 | 83 | 92 | 71 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 50 | 92 | 86 | 70 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 53 | 92 | 94 | 73 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 45 | 90 | 83 | 66 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 69 | 71 | 63 | 70 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 41 | 70 | 48 | 53 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 88 | 57 | 62 | 75 | 19 | 1 |
| Entegris, Inc. | 14.1B | 56 | 80 | 80 | 69 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 76 | 65 | 63 | 72 | 21 | 1 |
| First Solar, Inc. | 7.2B | 98 | 43 | 40 | 73 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 54 | 88 | 89 | 71 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 78 | 67 | 65 | 74 | 24 | 1 |
| Universal Display Corporation | 5.2B | 71 | 64 | 61 | 68 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 75 | 93 | 76 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 63 | 87 | 82 | 79 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 45 | 91 | 90 | 68 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 80 | 76 | 82 | 80 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 63 | 76 | 77 | 70 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 42 | 92 | 93 | 67 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 68 | 48 | 69 | 61 | 32 | 1 |
| Semtech Corporation | 3.5B | 64 | 84 | 87 | 75 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 74 | 77 | 72 | 76 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 79 | 76 | 83 | 80 | 35 | 1 |
| Diodes Incorporated | 3.0B | 66 | 83 | 86 | 76 | 36 | 1 |
| SunPower Corporation | 3.0B | 49 | 43 | 74 | 49 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 54 | 83 | 78 | 72 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 56 | 92 | 96 | 75 | 39 | 1 |
| Nova Ltd. | 2.7B | 41 | 89 | 78 | 69 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 56 | 89 | 79 | 72 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 73 | 82 | 85 | 79 | 42 | 1 |
| Rambus Inc. | 2.4B | 48 | 86 | 60 | 64 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 73 | 76 | 53 | 72 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 44 | 91 | 91 | 67 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 38 | 88 | 61 | 60 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 53 | 84 | 66 | 70 | 47 | 1 |
| Impinj, Inc. | 1.4B | 64 | 53 | 51 | 59 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 53 | 73 | 71 | 63 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 53 | 49 | 75 | 50 | 1 |
| Photronics, Inc. | 1.2B | 55 | 86 | 92 | 71 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 87 | 66 | 65 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 66 | 84 | 91 | 76 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 62 | 75 | 76 | 69 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 49 | 95 | 88 | 71 | 55 | 1 |
| CEVA, Inc. | 778.5M | 51 | 90 | 97 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 72 | 60 | 54 | 67 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 50 | 49 | 60 | 49 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 45 | 74 | 55 | 57 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 49 | 90 | 86 | 69 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 37 | 95 | 94 | 65 | 61 | 1 |
| SiTime Corporation | 3.6B | 40 | 93 | 78 | 64 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 47 | 87 | 89 | 67 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 38 | 89 | 82 | 62 | 64 | 1 |
| Camtek Ltd. | 1.1B | 50 | 81 | 71 | 68 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 88 | 43 | 42 | 67 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 45 | 95 | 90 | 69 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 90 | 59 | 63 | 70 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 37 | 46 | 71 | 43 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 94 | 80 | 88 | 90 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 68 | 68 | 58 | 67 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 56 | 44 | 74 | 53 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 87 | 49 | 76 | 66 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 92 | 43 | 69 | 72 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 37 | 45 | 72 | 43 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 89 | 47 | 50 | 74 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 41 | 86 | 65 | 65 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 97 | 50 | 85 | 79 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 54 | 86 | 87 | 71 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 37 | 81 | 97 | 68 | 80 | 1 |
Cash Flow Analysis
Silicon appears likely to maintain its strong cash flow metrics and momentum going forward. Silicon's published free cash flow numbers were substantial and reflected management's focus on a healthy change strategy. Silicon recorded free cash flow of -1.6, which represents a 46.0% change from the previous report. This parameter coud affect companies in the same industry and market capitalization by up to 7.4%. Their free cash flow situation is all the more impressive relative to their peers and competitors. Therefore, its free cash flow movement earned a score of 89. Also, Silicon is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.3, representing a 16.1% change from the previous period. This metric might have a 10.7 percent impact on companies in the same industry and with the same market capitalization. Its asset turnover metrics are especially remarkable relative to their peers. We believe the stock price has room to grow to reflect its intrinsic value accurately. The company's asset turnover movement, therefore, received a grade of 87. However, one discouraging result, Net Cash Flow, stood out. Silicon's management was not successful in meaningfully improving their cash flow metrics. As of the current filing, they were reported as 560.7 and represented a -35.7% change from the previous period. As demonstrated by these concerning net cash flow metrics, their priorities seem to be headed in the wrong direction. Consequently, their net cash flow movement received a grade of 71. Therefore, their cash flow earned a grade of 86.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | 560.7 | -35.7% | 71 |
| Capital Expenditure | -27.4 | 4.0% | 81 |
| Asset Turnover | 0.3 | 16.1% | 87 |
| Free Cashflow | -1.6 | 46.0% | 89 |
The below chart describes Silicon's performance as reflected on its cash flow with respect to its peers. While Silicon received a cash flow score of 86, the average of its peers stands on 69.0.
- SLAB
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corporation | 400.2B | 93 | 65 | 61 | 86 | 82 | 0 | 1 |
| Intel Corporation | 154.5B | 58 | 72 | 68 | 53 | 58 | 1 | 1 |
| QUALCOMM Incorporated | 147.4B | 65 | 65 | 70 | 87 | 77 | 2 | 1 |
| Texas Instruments Incorporated | 142.2B | 74 | 74 | 63 | 69 | 70 | 3 | 1 |
| Advanced Micro Devices, Inc. | 130.9B | 93 | 66 | 69 | 37 | 57 | 4 | 1 |
| Broadcom Inc. | 102.5B | 75 | 76 | 87 | 89 | 85 | 5 | 1 |
| Applied Materials, Inc. | 82.7B | 75 | 59 | 69 | 72 | 69 | 6 | 1 |
| Analog Devices, Inc. | 77.2B | 78 | 76 | 51 | 94 | 84 | 7 | 1 |
| Micron Technology, Inc. | 64.6B | 81 | 85 | 81 | 74 | 80 | 8 | 1 |
| Lam Research Corporation | 60.8B | 72 | 60 | 56 | 75 | 69 | 9 | 1 |
| KLA Corporation | 49.3B | 70 | 76 | 52 | 79 | 74 | 10 | 1 |
| NXP Semiconductors N.V. | 40.5B | 59 | 72 | 51 | 85 | 73 | 11 | 1 |
| Marvell Technology, Inc. | 38.5B | 94 | 84 | 58 | 46 | 65 | 12 | 1 |
| Microchip Technology Incorporated | 33.0B | 80 | 79 | 48 | 84 | 79 | 13 | 1 |
| GLOBALFOUNDRIES Inc. | 23.9B | 54 | 86 | 45 | 64 | 63 | 14 | 1 |
| ON Semiconductor Corporation | 22.9B | 60 | 79 | 55 | 74 | 70 | 15 | 1 |
| Monolithic Power Systems, Inc. | 18.5B | 84 | 78 | 59 | 74 | 77 | 16 | 1 |
| Skyworks Solutions, Inc. | 15.5B | 78 | 57 | 79 | 73 | 71 | 17 | 1 |
| SolarEdge Technologies, Inc. | 15.5B | 46 | 38 | 55 | 52 | 43 | 18 | 1 |
| Teradyne, Inc. | 15.3B | 75 | 65 | 66 | 68 | 68 | 19 | 1 |
| Entegris, Inc. | 14.1B | 61 | 57 | 50 | 76 | 65 | 20 | 1 |
| Qorvo, Inc. | 10.2B | 78 | 65 | 87 | 71 | 73 | 21 | 1 |
| First Solar, Inc. | 7.2B | 47 | 85 | 56 | 46 | 53 | 22 | 1 |
| Lattice Semiconductor Corporation | 6.8B | 79 | 77 | 43 | 82 | 77 | 23 | 1 |
| MKS Instruments, Inc. | 5.8B | 58 | 58 | 92 | 56 | 59 | 24 | 1 |
| Universal Display Corporation | 5.2B | 75 | 81 | 68 | 65 | 71 | 25 | 1 |
| CMC Materials, Inc. | 5.1B | 72 | 66 | 68 | 80 | 74 | 26 | 1 |
| Tower Semiconductor Ltd. | 5.1B | 76 | 57 | 55 | 59 | 68 | 27 | 1 |
| Synaptics Incorporated | 4.9B | 85 | 62 | 98 | 55 | 66 | 28 | 1 |
| Power Integrations, Inc. | 4.4B | 88 | 77 | 64 | 82 | 82 | 29 | 1 |
| Amkor Technology, Inc. | 4.2B | 46 | 57 | 62 | 71 | 60 | 30 | 1 |
| Cirrus Logic, Inc. | 4.1B | 83 | 98 | 61 | 90 | 90 | 31 | 1 |
| Allegro MicroSystems, Inc. | 4.0B | 56 | 56 | 77 | 56 | 56 | 32 | 1 |
| Semtech Corporation | 3.5B | 79 | 78 | 58 | 79 | 77 | 33 | 1 |
| MACOM Technology Solutions Holdings, Inc. | 3.3B | 46 | 78 | 54 | 78 | 68 | 34 | 1 |
| FormFactor, Inc. | 3.1B | 78 | 81 | 66 | 58 | 67 | 35 | 1 |
| Diodes Incorporated | 3.0B | 77 | 61 | 52 | 80 | 72 | 36 | 1 |
| SunPower Corporation | 3.0B | 84 | 41 | 39 | 93 | 74 | 37 | 1 |
| Silicon Motion Technology Corporation | 2.8B | 63 | 53 | 46 | 85 | 61 | 38 | 1 |
| MaxLinear, Inc. | 2.7B | 90 | 92 | 80 | 81 | 88 | 39 | 1 |
| Nova Ltd. | 2.7B | 58 | 53 | 39 | 58 | 54 | 40 | 1 |
| Ambarella, Inc. | 2.6B | 84 | 95 | 45 | 75 | 79 | 41 | 1 |
| Kulicke and Soffa Industries, Inc. | 2.6B | 93 | 81 | 83 | 74 | 82 | 42 | 1 |
| Rambus Inc. | 2.4B | 96 | 73 | 89 | 88 | 89 | 43 | 1 |
| Canadian Solar Inc. | 2.0B | 69 | 70 | 74 | 66 | 71 | 44 | 1 |
| Axcelis Technologies, Inc. | 1.9B | 81 | 77 | 68 | 84 | 82 | 45 | 1 |
| Credo Technology Group Holding Ltd | 1.7B | 60 | 85 | 37 | 43 | 53 | 46 | 1 |
| Himax Technologies, Inc. | 1.6B | 66 | 77 | 48 | 77 | 66 | 47 | 1 |
| Impinj, Inc. | 1.4B | 70 | 38 | 85 | 73 | 65 | 48 | 1 |
| Ultra Clean Holdings, Inc. | 1.4B | 68 | 41 | 41 | 76 | 61 | 49 | 1 |
| Cohu, Inc. | 1.3B | 92 | 62 | 71 | 44 | 59 | 50 | 1 |
| Photronics, Inc. | 1.2B | 65 | 92 | 96 | 79 | 82 | 51 | 1 |
| SMART Global Holdings, Inc. | 1.0B | 48 | 85 | 95 | 53 | 62 | 52 | 1 |
| Veeco Instruments Inc. | 1.0B | 74 | 82 | 48 | 69 | 71 | 53 | 1 |
| Alpha and Omega Semiconductor Limited | 929.5M | 49 | 64 | 45 | 60 | 54 | 54 | 1 |
| PDF Solutions, Inc. | 808.6M | 81 | 98 | 45 | 92 | 89 | 55 | 1 |
| CEVA, Inc. | 778.5M | 57 | 54 | 84 | 83 | 71 | 56 | 1 |
| Ichor Holdings, Ltd. | 754.1M | 51 | 37 | 87 | 70 | 58 | 57 | 1 |
| Maxeon Solar Technologies, Ltd. | 575.9M | 87 | 90 | 59 | 88 | 84 | 58 | 1 |
| Enphase Energy, Inc. | 25.7B | 89 | 77 | 64 | 41 | 60 | 59 | 1 |
| Wolfspeed, Inc. | 8.2B | 57 | 74 | 76 | 46 | 55 | 60 | 1 |
| Daqo New Energy Corp. | 5.0B | 78 | 86 | 63 | 96 | 89 | 61 | 1 |
| SiTime Corporation | 3.6B | 83 | 87 | 56 | 44 | 62 | 62 | 1 |
| Onto Innovation Inc. | 3.6B | 94 | 65 | 88 | 85 | 85 | 63 | 1 |
| JinkoSolar Holding Co., Ltd. | 3.2B | 68 | 69 | 73 | 78 | 74 | 64 | 1 |
| Camtek Ltd. | 1.1B | 69 | 70 | 74 | 72 | 71 | 65 | 1 |
| ACM Research, Inc. | 917.6M | 61 | 43 | 50 | 54 | 50 | 66 | 1 |
| NeoPhotonics Corporation | 838.5M | 50 | 63 | 67 | 87 | 71 | 67 | 1 |
| Hanwha Q CELLS Co., Ltd. | 818.9M | 64 | 63 | 74 | 73 | 68 | 68 | 1 |
| indie Semiconductor, Inc. | 720.1M | 69 | 80 | 52 | 98 | 85 | 69 | 1 |
| Magnachip Semiconductor Corporation | 667.1M | 65 | 56 | 76 | 54 | 57 | 70 | 1 |
| Mykrolis Corp. | 657.1M | 65 | 69 | 68 | 82 | 75 | 71 | 1 |
| Navitas Semiconductor Corporation | 533.1M | 70 | 87 | 94 | 93 | 90 | 72 | 1 |
| ChipMOS TECHNOLOGIES (Bermuda) LTD. | 417.9M | 66 | 64 | 68 | 94 | 73 | 73 | 1 |
| Rigetti Computing, Inc. | 413.5M | 48 | 76 | 51 | 60 | 58 | 74 | 1 |
| Meta Materials Inc. | 396.9M | 85 | 56 | 68 | 97 | 84 | 75 | 1 |
| Helix Technology Corporation | 364.9M | 75 | 62 | 63 | 56 | 61 | 76 | 1 |
| Valens Semiconductor Ltd. | 357.2M | 53 | 89 | 90 | 47 | 66 | 77 | 1 |
| Rockley Photonics Holdings Limited | 305.7M | 79 | 72 | 66 | 47 | 60 | 78 | 1 |
| CyberOptics Corporation | 272.8M | 49 | 74 | 89 | 77 | 72 | 79 | 1 |
| Transphorm, Inc. | 255.8M | 81 | 88 | 96 | 95 | 88 | 80 | 1 |
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