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Silicon Labs posts $251M Q3 revenue with strong earnings growth, driven by medical and IoT demand

Company Fundamentals
10 Nov 2026, 23:01 WIB
PRNewsWire
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Bullish
Silicon Labs posts $251M Q3 revenue with strong earnings growth, driven by medical and IoT demand

Silicon Labs reported $251 million in revenue for Q3 2026, a 22% increase year-over-year, driven by growth in industrial, commercial, home, and medical IoT applications. Medical revenue surged 48% sequentially and over 300% year-over-year, marking a record quarter. Earnings per share rose significantly to $1.05 on a non-GAAP basis, reflecting strong operational execution. The company is poised for continued growth but has paused forward guidance due to its pending acquisition by Texas Instruments.

Silicon Labs reported a 22% year-over-year revenue increase to $251 million in Q3 2026. For readers following the Technology sector, here is Pluang's market snapshot as of Nov 11, 2026 03:11 WIB: out of 150 priced US tech stocks, 49 rose and 98 fell. Notable movers include VNET at USD 3.03 with 100% sell orders, SoundHound AI at USD 3.77 with 99% buy orders, and Zeta Global at USD 34.55 with 63% buy orders.

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