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Silicom: 3Q Earnings Snapshot

KFAR-SAVA, Israel (AP) _ Silicom Ltd. (SILC) on Thursday reported third-quarter earnings of $3.8 million.

On a per-share basis, the Kfar-Sava, Israel-based company said it had net income of 49 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 62 cents per share.

The provider of servers and network computing appliances posted revenue of $31.1 million in the period.

Silicom shares have dropped 43 percent since the beginning of the year. The stock has declined 44 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILC at https://www.zacks.com/ap/SILC