Silicom Ltd reports results for the quarter ended in September 30 - Earnings Summary

Silicom

01/11/2024 03:47

* Silicom Ltd  SILC.OQ  reported a quarterly adjusted loss
of 28
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 30
cents.  The lone analyst forecast for the quarter was for a loss
of 32 cents per share. 
    * Revenue fell 50.9% to $14.76 million from a year ago;
analysts
expected $14.52 million. 
    * Silicom Ltd shares had fallen by 1.5% this quarter and
lost 25.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
communications &
networking peer group is also "hold"

This summary was machine generated from LSEG data November 1 at
03:47 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.32          -0.28          Beat
 Jun. 30 2024      -0.35          -0.14          Beat
 Mar. 31 2024      -0.23          -0.38          Missed
 Dec. 31 2023      -0.03          -0.07          Missed