Silicom (SILC) Tops Q4 EPS by 1c

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Silicom Reports All-Time Record Revenues for Q4 & Full Year 2016

January 30, 2017 8:15 AM EST

KFAR SAVA, Israel, Jan. 30, 2017 /PRNewswire/ --Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance networking and data infrastructure solutions, today reported its financial results for the fourth quarter and full year ended December 31, 2016.

Financial Results

Fourth Quarter: Revenues for the fourth quarter of 2016 totalled $28.3 million, setting a new record for Silicom. This compares with $27.4 million in the fourth quarter of 2015 and is up 15% sequentially compared with Q3 2016.

On a GAAP basis, net income for the... More