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-0.00176726481783572 0 0.00570962479608485 0.0141381185426863 0.0424796084828712 0.0596139206090266 0.0413268080478522 0.0411908646003263
Stock impact report

Silicom +2.6% on dividend suspension [Seeking Alpha]

Silicom Ltd - Ordinary Shares (SILC) 
US:NASDAQ Investor Relations: silicom-usa.com/investor-presentations
Company Research Source: Seeking Alpha
Silicom +2.6% on dividend suspensionSilicom Ltd. (NASDAQ:SILC) shares areup 2.6% as the companysuspends its dividend in the wake of a canceled large customer order.Silicom says it expects to “close several major, strategic new SD-WAN and NFV-related vCPE Design Wins from major telcos” with the first announcement coming in the “near term.”Silicom says the significant size of these deals, along with the financial terms and required working capital, led to the dividend suspension to help support long-term growth.Previously:Silicom plunges after losing largest order(March 13)Previously:Needham lowers Silicom's price target but says to buy on overreaction (March 14)See all stocks on the move »Now read:Bitauto -11.3% after earnings with downside revenue guidance » Show less Read more
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