Silicom: Q1 Earnings Snapshot

Associated Press Finance
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KFAR-SAVA, Israel (AP) — KFAR-SAVA, Israel (AP) — Silicom Ltd. (SILC) on Monday reported profit of $3.5 million in its first quarter.

The Kfar-Sava, Israel-based company said it had net income of 52 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 61 cents per share.

The provider of servers and network computing appliances posted revenue of $37.2 million in the period.

For the current quarter ending in June, Silicom said it expects revenue in the range of $38 million to $39 million.

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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

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