Silicom Reports Q2 2019 Financial Results

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Silicom (SILC) Tops Q2 EPS by 5c

July 25, 2019 8:18 AM EDT

Silicom (NASDAQ: SILC) reported Q2 EPS of $0.38, $0.05 better than the analyst estimate of $0.33. Revenue for the quarter came in at $25.4 million versus the consensus estimate of $25.39 million.

Comments of Management

Shaike Orbach, Silicom's President and CEO, commented, "We are pleased to report another solid quarter with revenues in line with our guidance, continued profitability and cash generation. While our short term visibility remains low due to the unclear ramp-up timing and patterns of a few of our major SD-WAN and NFV design wins, we are encouraged by the significant growth in the... More