Silicom (SILC) Set to Announce Earnings on Monday

Silicom (NASDAQ:SILC) is scheduled to post its quarterly earnings results before the market opens on Monday, January 29th. Analysts expect Silicom to post earnings of $0.83 per share for the quarter.

Silicom (NASDAQ:SILC) last issued its earnings results on Wednesday, October 25th. The technology company reported $0.75 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.71 by $0.04. The firm had revenue of $32.30 million for the quarter, compared to the consensus estimate of $31.11 million. Silicom had a return on equity of 14.69% and a net margin of 14.28%. The company’s revenue was up 30.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.53 EPS.

Shares of Silicom (NASDAQ:SILC) opened at $76.39 on Monday. The firm has a market capitalization of $568.65, a price-to-earnings ratio of 36.38 and a beta of 1.38. Silicom has a twelve month low of $34.86 and a twelve month high of $77.95.

A number of equities research analysts have weighed in on the company. BidaskClub downgraded Silicom from a “hold” rating to a “sell” rating in a report on Thursday, January 11th. Needham & Company LLC reaffirmed a “buy” rating and issued a $90.00 target price (up previously from $75.00) on shares of Silicom in a report on Friday, January 12th.

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Silicom Company Profile

Silicom Ltd. (Silicom) is engaged in the design, manufacture, marketing and support of networking and data infrastructure solutions for a range of servers, server-based systems and communications devices. The Company’s products include server network interface cards with and without bypass (Server Adapters); Intelligent and programmable cards, with features, such as encryption, acceleration, data compression, redirection, time stamping, network capture solutions, field programmable gate array (FPGA) based ultra-low latency solutions, and/or other offload features and/or compute blades (Smart Cards), and standalone Products.

Earnings History for Silicom (NASDAQ:SILC)

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