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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.

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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