10/27/2021

speaker
Sarah
Conference Operator

Hello, my name is Sarah, and I will be your conference operator today. Welcome to Silicon Labs' third quarter fiscal 2021 earnings call. All participants will be in lesson-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your touchtone phone. To withdraw your question, please press star, then two. Please note this event is being recorded. I will now turn the call over to Austin Dean, Silicon Labs Investor Relations Manager. Austin, please go ahead.

speaker
Austin Dean
Investor Relations Manager, Silicon Labs

Thank you, Sarah. We are now recording this meeting, and replay will be available for four weeks on the Investor Relations section of our website at scilabs.com. Joining me today are Silicon Labs Chief Executive Officer Tyson Tuttle, Matt Johnson, President, and John Hollister, Chief Financial Officer. They will discuss our third quarter's financial performance and review recent business activities. This information, along with accompanying financial tables and the earnings press release, is available on our website. We will take questions after our prepared comments, and our remarks today will include forward-looking statements subject to risks and uncertainties. We base these forward-looking statements on information available to us as of the date of this conference call and assume no obligation to update these statements in the future. We encourage you to review our SEC filings, which identify important risk factors that could cause actual results to differ materially from those contained in any forward-looking statements. Additionally, during our call today, we referred to certain non-GAAP financial information. A reconciliation of our GAAP to non-GAAP results is included in the company's earnings press release, and on the investor relations section of the Silicon Labs website. For clarity, all information detailed in the call today will refer to results from continuing operations. Any references to discontinued operations will be explicitly noted. I would now like to turn the call over to Silicon Labs Chief Executive Officer Tyson Tuttle. Tyson?

speaker
Tyson Tuttle
Chief Executive Officer

Thank you, Austin. I'm excited to announce the achievement of record quarterly revenue for Silicon Labs. We recorded $185 million in third quarter revenue, a 9% increase from our previous high achieved in the second quarter of this year. I am very proud of how our team has executed in such an unusual and at times challenging environment. First, John will provide further details on our financial performance. Then Matt will discuss our execution and accomplishments for the quarter. I'd now like to turn the call over to John Hollister. John?

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

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