Silicon Laboratories (SLAB) stock surged 5.09% in pre-market trading on Tuesday following the release of its first-quarter 2025 financial results. The company, known for its leadership in low-power wireless technologies, reported a narrower loss and revenue growth that slightly exceeded analyst expectations.

For Q1 2025, Silicon Labs posted revenue of $177.7 million, marginally beating the FactSet consensus estimate of $177.5 million. The company's loss narrowed to $0.94 per share, compared to a loss of $1.77 per share in the same quarter last year. On an adjusted basis, the loss was $0.08 per share, slightly better than the expected loss of $0.09 per share.

Notably, Silicon Labs' Home & Life segment demonstrated robust performance, with revenue doubling to $82 million, marking a 99% increase year-over-year. The Industrial & Commercial segment also showed strong growth, with revenue up 47% to $96 million. Looking ahead, the company provided Q2 guidance, projecting revenue between $185 million and $200 million, and adjusted earnings ranging from a loss of $0.01 to a profit of $0.19 per share. These projections align closely with analyst expectations, instilling confidence in the company's near-term outlook.