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Stock impact report

Silicom Reports Q2 2018 Financial Results

Silicom Ltd - Ordinary Shares (SILC) 
US:NASDAQ Investor Relations: silicom-usa.com/investor-presentations
Company Research Source: PR Newswire
KFAR SAVA, Israel, July 26, 2018 /PRNewswire/ --Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance networking and data infrastructure solutions, today reported its financial results for the second quarter and first half ended June 30, 2018.Financial ResultsSecond Quarter: Silicom's revenues for the second quarter of 2018 totalled $27.6 million compared with $30.3 million for the second quarter of 2017. On a GAAP basis, net income for the quarter totalled $2.4 million, or $0.32 per share (basic and diluted), compared with $4.2 million, or $0.55 per diluted share ($0.57 per basic share), for the second quarter of 2017. On a non-GAAP basis (as described and reconciled below), net income for the quarter totalled $3.4 million, or $0.44 per diluted share ($0.45 per basic share), compared with $5.2 million, or $0.69 per diluted share ($0.71 per basic share), for the second quarter of 2017.First Six Months: Silicom's revenues for the first half of 2018 totalled $57.1 million Show less Read more
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