Silicom Ltd (NASDAQ:SILC) manufacturer of networking and data infrastructure, is reporting second quarter earnings results on Wednesday 29th July 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.26 per share.
For the full year, analysts predict revenues of $ 100.61 million, while looking forward to income of $ 1.50 per share.
Previous Quarter Performance
Silicom Ltd reported income for the first quarter of $ 0.31 per share, from the revenue of $ 22.07 million. The quarterly earnings declined 38.89 percent while revenues compared with the same quarter last year.
Wall street analysts are predicting, SILC to report 1Q20 income of $ 0.19 per share from revenue of $ 21.29 million. The bottom line results beat street analysts by $ 0.12 or 63.16 percent, at the same time, top line results outshined analysts by $ 0.78 million or 3.66 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of SILC was $ 37.32, representing a 78.31 % increase from the 52 week low of $ 20.93 and a 5.4 % decrease over the 52 week high of $ 39.45.
The company has a market capital of $ 267.80 million and is part of the Technology sector and Communication Equipment industry.
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Conference Call
Silicom Ltd will be hosting a conference call at 9:00 AM eastern time on 29th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.silicom-usa.com
Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for a range of servers, server based systems, and communications devices in North America, Europe, and the Asia Pacific. The company offers server network interface cards with and without bypass for the server networking industry. It also provides intelligent and programmable cards, including redirector and switching cards; encryption and data compression hardware acceleration cards; full field programmable gate array (FPGA) based packet processing cards; and compute blades.
