Silicom Reports Q2 2020 Financial Results

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Silicom (SILC) Reports In-Line Q2 EPS, Revenues Beat

July 29, 2020 8:17 AM EDT

Silicom (NASDAQ: SILC) reported Q2 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $23 million versus the consensus estimate of $22.07 million.

Financial Results:

Silicom's revenues for the second quarter of 2020 totalled $23.0 million compared with $25.4 million compared for the second quarter of 2019.On a GAAP basis, net income for the quarter totalled $1.3 million, or $0.18 per share (basic and diluted), compared with $2.3 million, or $0.30 per share (basic and diluted), for the second quarter of... More