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Silicom Ltd reported a quarterly profit of $18.3 million.

Earnings Snapshot: Silicom Ltd. reports Q4 net income of $5.6 million

The Kfar-Sava, Israel-based Silicom Ltd earned a net income of 82 cents

By AP News
Published - Jan 30, 2023, 10:08 AM ET
Last Updated - Jun 23, 2023, 12:18 AM EDT

KFAR-SAVA, Israel (AP) _ Silicom Ltd. (SILC) on Monday reported net income of $5.6 million in its fourth quarter.

On a per-share basis, the Kfar-Sava, Israel-based company said it had net income of 82 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 98 cents per share.

The provider of servers and network computing appliances posted revenue of $45.2 million in the period.

For the year, the company reported profit of $18.3 million, or $2.69 per share. Revenue was reported as $150.6 million.

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