Silicom (NASDAQ:SILC – Get Free Report) released its quarterly earnings data on Thursday. The technology company reported ($0.76) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.32) by ($0.44), Zacks reports. Silicom had a negative return on equity of 13.58% and a negative net margin of 30.59%. Silicom updated its Q1 2025 guidance to EPS.
Silicom Stock Performance
Shares of NASDAQ:SILC opened at $17.56 on Friday. The business has a fifty day moving average of $15.83 and a 200-day moving average of $14.36. Silicom has a twelve month low of $11.35 and a twelve month high of $18.24.
Analysts Set New Price Targets
Separately, Needham & Company LLC initiated coverage on shares of Silicom in a report on Monday, November 4th. They set a “hold” rating for the company.
About Silicom
Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for servers, server-based systems, and communications devices. It offers server network interface cards; and smart cards, such as smart server adapters, which include redirector and switching cards, encryption and data compression hardware acceleration cards, forward error correction acceleration and offloading cards, time synchronization cards, and field programmable gate array-based cards.
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