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Silicom: Q1 Earnings Snapshot

Silicom: Q1 Earnings Snapshot

By AP News
Published - May 01, 2023, 08:25 AM ET
Last Updated - Jun 22, 2023, 12:35 AM EDT

KFAR-SAVA, Israel (AP) — KFAR-SAVA, Israel (AP) — Silicom Ltd. (SILC) on Monday reported profit of $3.5 million in its first quarter.

The Kfar-Sava, Israel-based company said it had net income of 52 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 61 cents per share.

The provider of servers and network computing appliances posted revenue of $37.2 million in the period.

For the current quarter ending in June, Silicom said it expects revenue in the range of $38 million to $39 million.

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