Silicom (SILC) Tops Q3 EPS by 1c

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Go back to Silicom (SILC) Tops Q3 EPS by 1c

Silicom Reports Financial Results for the 3rd Quarter & 1st Nine Months of 2016

October 27, 2016 8:15 AM EDT

- Growth Phase Continues: Q3 Revenues Up 27% to $24.7M,
9-Month Revenues Up 30% to $72M -

KFAR SAVA, Israel--(BUSINESS WIRE)-- Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance networking and data infrastructure solutions, today reported its financial results for the third quarter and nine months ended September 30, 2016.

Financial Results

Third Quarter: Revenues for the third quarter of 2016 totalled $24.7 million, up 27% compared with $19.4 million in the third quarter of 2015.

On a GAAP basis, net income for the quarter totalled $3.2 million,... More