Silicom (SILC) Set to Announce Quarterly Earnings on Thursday

Silicom (NASDAQ:SILC) is scheduled to announce its earnings results before the market opens on Thursday, October 31st. Silicom has set its Q3 2024 guidance at EPS.Investors interested in participating in the company’s 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) earnings per share (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 business had revenue of $14.50 million for the quarter.

Silicom Price Performance

NASDAQ SILC opened at $13.34 on Thursday. Silicom has a 1 year low of $11.35 and a 1 year high of $22.75. The stock has a market capitalization of $90.18 million, a PE ratio of -5.61 and a beta of 1.05. The company’s 50 day simple moving average is $13.30 and its two-hundred day simple moving average is $14.63.

Wall Street Analyst Weigh In

Several analysts have issued reports on SILC shares. StockNews.com upgraded shares of Silicom from a “sell” rating to a “hold” rating in a research note on Saturday, August 31st. Needham & Company LLC lowered shares of Silicom from a “buy” rating to a “hold” rating in a report on Tuesday, July 30th.

Silicom Company Profile

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.