Silicon Laboratories Inc. reported earnings results for the fourth quarter ended December 30, 2023. For the fourth quarter, the company reported sales was USD 86.85 million compared to USD 257.33 million a year ago. Net loss was USD 69.79 million compared to net income of USD 25.36 million a year ago.

Basic loss per share from continuing operations was USD 2.19 compared to basic earnings per share from continuing operations of USD 0.78 a year ago. Diluted loss per share from continuing operations was USD 2.19 compared to diluted earnings per share from continuing operations of USD 0.76 a year ago.