Silicom (SILC) Set to Announce Quarterly Earnings on Thursday

Silicom (NASDAQ:SILC) will announce its earnings results before the market opens on Thursday, October 31st. Silicom has set its Q3 2024 guidance at EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Silicom (NASDAQ:SILC) last posted its earnings results on Monday, July 29th. The technology company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.35) by $0.10. Silicom had a negative net margin of 19.62% and a negative return on equity of 9.92%. The firm had revenue of $14.50 million during the quarter.

Silicom Trading Down 1.2 %

NASDAQ:SILC opened at $13.34 on Thursday. The company has a 50-day moving average price of $13.30 and a 200-day moving average price of $14.63. Silicom has a 12 month low of $11.35 and a 12 month high of $22.75. The stock has a market cap of $90.18 million, a price-to-earnings ratio of -5.61 and a beta of 1.05.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Needham & Company LLC cut shares of Silicom from a “buy” rating to a “hold” rating in a research report on Tuesday, July 30th. StockNews.com raised shares of Silicom from a “sell” rating to a “hold” rating in a research report on Saturday, August 31st.

About Silicom

Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for servers, server-based systems, and communications devices. It offers server network interface cards; and smart cards, such as smart server adapters, which include redirector and switching cards, encryption and data compression hardware acceleration cards, forward error correction acceleration and offloading cards, time synchronization cards, and field programmable gate array-based cards.