Silicom (SILC) Set to Announce Quarterly Earnings on Monday

Silicom (NASDAQ:SILC) will be posting its quarterly earnings results before the market opens on Monday, July 29th. Parties interested in listening to the company’s conference call can do so using this link.

Silicom (NASDAQ:SILC) last posted its quarterly earnings data on Thursday, May 2nd. The technology company reported ($0.55) earnings per share for the quarter. The company had revenue of $14.37 million for the quarter. Silicom had a negative return on equity of 5.97% and a negative net margin of 9.80%.

Silicom Trading Up 1.0 %

Shares of NASDAQ SILC opened at $16.10 on Friday. The stock has a market cap of $108.84 million, a P/E ratio of -10.25 and a beta of 1.04. The business’s fifty day simple moving average is $15.74 and its 200-day simple moving average is $15.92. Silicom has a 12-month low of $13.75 and a 12-month high of $40.70.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 price target on shares of Silicom in a research report on Friday, May 3rd. StockNews.com raised shares of Silicom from a “sell” rating to a “hold” rating in a report on Thursday, June 6th.

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.