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Silicom: 4Q Earnings Snapshot

KFAR-SAVA, Israel (AP) _ Silicom Ltd. (SILC) on Thursday reported fourth-quarter net income of $9.9 million.

On a per-share basis, the Kfar-Sava, Israel-based company said it had net income of $1.29. Earnings, adjusted for non-recurring gains, were $1.17 per share.

The provider of servers and network computing appliances posted revenue of $45.5 million in the period.

For the year, the company reported profit of $14.6 million, or $1.91 per share. Revenue was reported as $133.8 million.

For the current quarter ending in April, Silicom said it expects revenue in the range of $30 million to $31 million.

Silicom shares have declined 11 percent since the beginning of the year. The stock has dropped 51 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