Silicom Reports Q1 2019 Financial Results

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Go back to Silicom Reports Q1 2019 Financial Results

Silicom (SILC) Tops Q1 EPS by 6c, Slight Beat on Revenues; Offers Q2 Revenue Guidance Below COnsensus

April 29, 2019 8:23 AM EDT

Silicom (NASDAQ: SILC) reported Q1 EPS of $0.52, $0.06 better than the analyst estimate of $0.46. Revenue for the quarter came in at $30.2 million versus the consensus estimate of $30.11 million.

Comments of Management

Shaike Orbach, Silicom's President and CEO, commented, "We are pleased to report a solid first quarter demonstrating the continued power of our business to generate revenues and a continuous stream of cash. Our growth engines remain Edge uCPE devices and FPGA-based solutions, both of... More