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Silicon Labs reports Q1 revenue of $214M and non-GAAP EPS of $0.53, driven by strong industrial IoT demand.

Company Fundamentals
05 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Silicon Labs posted $214 million in revenue for Q1 2026, a 20% increase year-over-year, with non-GAAP earnings per share of $0.53. Growth was led by a 33% rise in industrial and commercial revenue, fueled by demand in electronic shelf labels and smart metering. The company also saw a 21% increase in medical applications revenue and maintained strong design win momentum. Silicon Labs is progressing with its merger plans with Texas Instruments but has suspended forward-looking guidance amid the acquisition process.

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STARLUX Airlines unveils world's largest flying canvas with AIRSORAYAMA Silver, designed by Hajime Sorayama.

STARLUX Airlines unveils world's largest flying canvas with AIRSORAYAMA Silver, designed by Hajime Sorayama.

STARLUX Airlines has introduced the AIRSORAYAMA Silver, the world's largest flying canvas, featuring a unique liquid-metal livery designed by Japanese artist Hajime Sorayama. The aircraft, an Airbus A350-1000, was unveiled in Toulouse and will be pil...

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2 hours ago
IPG launches sustainable air pillow film with 50% recycled content for eco-friendly packaging.

IPG launches sustainable air pillow film with 50% recycled content for eco-friendly packaging.

Intertape Polymer Corp (IPG) has introduced a new PCR Air Pillow Film made with 50% recycled materials, including 35% post-consumer recycled content. This high-performance packaging film is designed to help companies meet sustainability goals without...

Others
Bullish
3 hours ago
Stablecoin volume hits record $1.79T in June with TRON processing $320B, ranking third globally.

Stablecoin volume hits record $1.79T in June with TRON processing $320B, ranking third globally.

Stablecoin transactions reached a record $1.79 trillion in June, up 63% from May. TRON ranked third among networks, processing $320 billion and handling 385.77 million transactions with nearly 27 million active accounts. TRON's dominance is driven by...

Protocol Fundamentals
Bullish
4 hours ago
Zcash falls below $450 as major trader doubles $14.9M short bet amid bearish futures.

Zcash falls below $450 as major trader doubles $14.9M short bet amid bearish futures.

Zcash (ZEC) price dropped below $450, hitting $437 after a 1.74% daily decline. Major crypto trader Garret Jin doubled his short position on ZEC to 32,759.57 coins, worth about $14.9 million, signaling strong bearish sentiment. Futures data shows sig...

Market News
Bearish
4 hours ago
Marathon's hash rate hits 31.5 EH/s amid rising miner competition

Marathon's hash rate hits 31.5 EH/s amid rising miner competition

Marathon's Bitcoin mining hash rate has increased to 31.5 exahashes per second (EH/s), reflecting intensified competition among miners. This growth indicates Marathon's expanding mining capacity and efforts to secure a larger share of Bitcoin rewards...

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