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Stock impact report

Silicom Reports Q3 2024 Results

Silicom Ltd - Ordinary Shares (SILC) 
US:NASDAQ Investor Relations: silicom-usa.com/investor-presentations
Company Research Source: PR Newswire
KFAR SAVA, Israel, Oct. 31, 2024 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance networking and data infrastructure solutions, today reported its financial results for the third quarter ended September 30, 2024.  Financial ResultsThird quarter: Silicom's revenues for the third quarter of 2024 were $14.8 million compared with $30.1 million for the third quarter of 2023.On a GAAP basis, the company's net loss for the quarter totalled $2.6 million, or $0.44 per ordinary share (basic and diluted), compared with net income of $1.2 million, or $0.18 per ordinary share (basic and diluted), for the third quarter of 2023.On a non-GAAP basis (as described and reconciled below), net loss for the quarter totalled $1.7 million, or $0.28 per ordinary share (basic and diluted), compared with net income of $2.1 million, or $0.30 per ordinary share (basic and diluted), for the third quarter of 2023.First Nine Months: Silicom's revenues for the first nine months of 2 Show less Read more
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