Silicom (SILC) Issues Earnings Results

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Silicom logo "title =" Silicom logo "clbad =" companylogo "/> Silicom (Nasdaq: SILC) posted its quarterly earnings data on Thursday .The technology company reported $ 0.44 per share (EPS) for the quarter, topping badysts Estimates of $ 0.30 by $ 0.06, Briefing.com reports $ 27.60 million in the quarter, compared with the consensus estimate of $ 27.24 million, with a net margin of 13.61%. The firm's quarterly revenue was down 8.8% compared to the same quarter last year, the company earned $ 0.69 earnings per share. </p> <p> Shares of Silicom traded up $ 4.15, hitting $ 41.30, on Thursday, MarketBeat The company has a market capitalization of $ 281.67 million, a PE ratio of 16.22 and has a market capitalization of $ 281.67 million. a beta of 1.35. </p> <p> Separately, ValuEngine upgraded Silicom from a "sell" rating to a "hold" rating in a report on Monday, July 2nd. </p> <p>                 Several large investors have recently modified their holdings of the company. Foundry Partners LLC increased its holdings in shares of Silicom by 19.8% during the first quarter. Foundry Partners LLC now owns 129,178 shares of the technology company's stock at $ 4,445,000 after acquiring an additional 21,323 shares in the last quarter. Millennium Management LLC increased its holdings in shares of Silicom by 199.1% during the first quarter. Millennium Management LLC now owns 127,603 shares of the technology company's stock valued at $ 4,391,000 after acquiring an additional 84,943 shares in the last quarter. First Wilshire Securities Management Inc. increased its holdings in shares of Silicom by 9.4% during the first quarter. First Wilshire Securities Management Inc. now owns 67,831 shares of the technology company's stock at $ 2,334,000 after acquiring an additional 5,820 shares in the last quarter. 22NW LP acquired a new position in shares of Silicom at $ 2.183 million. Finally, Wells Fargo & Company increased its holdings in shares of Silicom by 14.4% during the first quarter. Wells Fargo & Company MN now owns 46,535 shares of the technology company's stock at $ 1,601,000 after acquiring an additional 5,867 shares in the last quarter. Hedge funds and other institutional investors 30.21% of the company's stock.</p> <p><strong> Silicom Company Profile </strong> </p> <p> Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for a range of servers, server based systems, and communications devices in North America , Europe, and the Asia Pacific. <!--ViewCount:ArticleHistoryID=21905798&PostDate=2018-7-26&type=e&secondary=1&id=354115--></p> <p style= Featured Story: Book Value Per Share in Stock Trading <!--ViewCount:ArticleHistoryID=21905798&PostDate=2018-7-26&type=e&secondary=1&id=354115--></p> <p style= Earnings History for Silicon (NASDAQ: SILC) "Title =" Earnings History for Silicom NASDAQ: SILC) "/> </p> <p> <!-- end inline unit --><br /> <!-- end main text --><br /> <!-- Invalidate Article --></p> <p> <!-- End Invalidate --></p> <p><!--Begin Footer Opt-In--></p> <p style= Receive News & Ratings for Daily Silicom – concise daily summary of the latest news and badysts' ratings for Silicom and related companies at MarketBeat.com's FREE daily email newsletter.

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