Silicom Reports Q1 2021 Financial Results
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Silicom Ltd. (SILC) PT Raised to $57 at Needham & Company
April 30, 2021 6:09 AM EDTNeedham & Company analyst Alex Henderson raised the price target on Silicom Ltd. (NASDAQ: SILC) to $57.00 (from $55.00) while maintaining a Buy rating.
The analyst commented, "Silicom reported a strong quarter on both Revenues and EPS, it guided up for the June quarter, and noted... More
Silicom (SILC) Tops Q1 EPS by 7c, Revenues Beat; Offers 2Q Revenue Guidance Above Consensus
April 29, 2021 8:22 AM EDTSilicom (NASDAQ: SILC) reported Q1 EPS of $0.42, $0.07 better than the analyst estimate of $0.35. Revenue for the quarter came in at $29 million versus the consensus estimate of $28.25 million.
Shaike Orbach, Silicom's President and CEO, commented, "The first quarter was a period of significant growth in revenues and net profit, driven primarily by our continued success in each of our target markets, including SD-WAN for our smart platforms and Cloud for our smart acceleration and FPGA cards.
"Our Design Win momentum in the 5G O-RAN... More
