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Silicom (SILC) Set to Announce Quarterly Earnings on Thursday


Silicom (SILC) Set to Announce Quarterly Earnings on Thursday

Silicom (NASDAQ:SILC - Get Free Report) 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 - Get Free Report) 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.

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.

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.

Check Out Our Latest Stock Report on SILC

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].

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