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

Silicom (NASDAQ:SILC) issued its quarterly earnings data 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 return on equity of 13.58% and a negative net margin of 30.59%. Silicom updated its Q1 2025 guidance to EPS.

Silicom Trading Down 3.6 %

NASDAQ SILC traded down $0.63 on Thursday, reaching $17.06. 22,710 shares of the stock were exchanged, compared to its average volume of 34,574. Silicom has a one year low of $11.35 and a one year high of $18.24. The firm has a market capitalization of $115.33 million, a PE ratio of -5.69 and a beta of 0.96. The company’s 50-day simple moving average is $15.71 and its two-hundred day simple moving average is $14.32.

Analyst Upgrades and Downgrades

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

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.