Silicom Reports Q1 2021 Financial Results
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Go back to Silicom Reports Q1 2021 Financial Results
April 30, 2021 6:09 AM EDT
Needham & 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
April 29, 2021 8:22 AM EDT
Silicom (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
