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Silicom posts 3Q profit

KFAR-SAVA, Israel (AP) _ Silicom Ltd. (SILC) on Wednesday reported third-quarter profit of $4.6 million.

The Kfar-Sava, Israel-based company said it had net income of 60 cents per share. Earnings, adjusted for non-recurring costs, were 75 cents per share.

The provider of servers and network computing appliances posted revenue of $32.3 million in the period.

Silicom shares have climbed 72 percent since the beginning of the year. The stock has increased 71 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