Silicom Ltd. (NASDAQ: SILC) today reported financial results for the third quarter ended September 30, 2010.
Revenues for the third quarter of 2010 were $7.4 million, a 59% increase compared with $4.6 million for the third quarter of 2009 and a 10% increase compared with $6.7 million for the second quarter of 2010.
Operating income for the quarter was $1.6 million, representing an operating margin of 21%, a five-fold increase compared with $333,000 in the third quarter of 2009, and an...
Silicom Ltd. Primed to Enter New Growth Phase
Silicom (SILC) engages in the design, manufacture, marketing and support of connectivity solutions for a range of servers and server-based systems. The firm has several growth engines including Information Technology’s return to growth, the march to 10GB per second technology, large and growing base of OEM customers includes [...]
SILC was one of the few non-acquisition related breakouts today, and other than hitting a new high, has very little going for it. This had been in a nasty down trend since March, but reversed that in late July. This is not terribly heavily traded, and the failure to close above the breakout point is not really encouraging. It was just that kind of day on the new highs list.
SILC - Silicom Limited (NASDAQ) - (Closing Price - $5.82)
Silicom Limited reported Q2 results on July 28 and reported very disappointing results.
The company reported revenue of 5.17 million and diluted EPS of 0.05. Revenue was down 22% year over year and down 33% from the prior quarter. EPS was also down substantially from 0.25 last [...]
SILC - Silicom Limited (NASDAQ) - (Closing Price - $9.50)
Silicom Ltd. announced their first quarter 2008 results yesterday and reported an increase in revenue but flat growth in earnings. Amazingly, the stock price has dropped more than 25% since the news.
Silicom reported revenue of 7.70 million which was up 27% compared to Q1 2007 and [...]
Here are the rest of my current stock picks:
SILC – Silicom Limited
The stock price of Silicom Limited have been erratic since my initial buy recommendation but the stock price is currently trending up. Silicom is set to report first quarter earnings on April 28 and I expect there will be a run-up in price before [...]
SILC - Silicom Limited (Nasdaq) - (Closing Price - $16.70)
Today Silicom Limited announced an order for $1.8 million from “one of China’s largest domestic server companies, representing its first significant penetration into the vast Chinese market.” The stock traded up over 14% on the news.
This is obviously a positive development for Silicom Limited and the [...]
SILC - Silicom Limited (Nasdaq) - (Closing Price - $13.92)
Silicom Limited announced fourth quarter results today and reported increases in revenue and EPS. The share price responded with a gain over 17%.
Silicom reported revenue of 7.48 million which was a 13% improvement over last quarter and a 49% improvement over the comparable quarter last year. [...]
SILC - Silicom Ltd. (Nasdaq) (Closing Price on Friday - 11/23/07 - $14.07)
Silicom Ltd. is a company that has experienced strong growth over the last couple of years but has sold off recently after a flat quarter. I think the drop in share price has been way overdone and now would be a good time to [...]