Silicom Reports Q2 2022 Financial Results

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Needham & Company Reiterates Buy Rating on Silicom Ltd. (SILC)

July 28, 2022 12:33 PM EDT

Needham & Company analyst Alex Henderson reiterated a Buy rating and $65.00 price target on Silicom Ltd. (NASDAQ: SILC) following results.

The analyst commented, "We are edging up our Revenue estimates and increasing our EPS materially. Silicom continues to win meaningful new major contracts... More

Silicom (SILC) Tops Q2 EPS by 20c, Offers Guidance

July 28, 2022 8:58 AM EDT

Silicom (NASDAQ: SILC) reported Q2 EPS of $0.70, $0.20 better than the analyst estimate of $0.50. Revenue for the quarter came in at $34.2 million versus the consensus estimate of $33.91 million.

GUIDANCE:

Silicom sees Q3 2022 revenue of $38-40 million.

While... More