04:35 AM EST, 11/05/2024 (MT Newswires) -- Silicon Laboratories ( SLAB ) reported a fiscal Q3 loss late Monday of $0.88 per share, compared with earnings of $0.32 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.21.

Revenue for the quarter that ended Sept. 28 was $166.4 million, down from $203.8 million a year earlier.

Analysts surveyed by Capital IQ expected $165.2 million.

The company expects a fiscal Q4 non-GAAP loss of $0.01 to $0.21 per diluted share. Analysts surveyed by Capital IQ expect earnings of $0.11.

Revenue for the quarter is projected to be $161 million to $171 million. Analysts polled by Capital IQ expect $175.3 million.

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