Silicom (NASDAQ:SILC) Posts Earnings Results, Misses Estimates By $0.44 EPS

Silicom (NASDAQ:SILC) posted its quarterly earnings results on Thursday. The technology company reported ($0.76) earnings per share for the quarter, missing the consensus estimate of ($0.32) by ($0.44), Zacks reports. Silicom had a negative net margin of 30.59% and a negative return on equity of 13.58%. Silicom updated its Q1 2025 guidance to EPS.

Silicom Stock Down 3.6 %

SILC traded down $0.63 during trading on Thursday, reaching $17.06. 22,606 shares of the company were exchanged, compared to its average volume of 34,373. The company’s 50-day moving average is $15.71 and its two-hundred day moving average is $14.32. Silicom has a 12-month low of $11.35 and a 12-month high of $18.24. The company has a market cap of $115.33 million, a price-to-earnings ratio of -5.69 and a beta of 0.96.

Analyst Ratings Changes

Separately, Needham & Company LLC initiated coverage on Silicom in a research note on Monday, November 4th. They issued a “hold” rating on the stock.

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.