Silicom (NASDAQ:SILC) 4Q16 earnings preview

Silicom (NASDAQ:SILC) 4Q16 earnings preview


Silicom (NASDAQ:SILC) headquartered in Kfar Sava, Israel, is reporting fourth quarter financial results on Monday 30th January 2017before the bell.

According to analysts surveyed by Thomson Reuters, SILC is expected to report 4Q16 income of $ 0.65 per share from Revenue of $ 27.44 million.

For the full year, analysts anticipate top line of $ 99.46 million, while looking forward to income of $ 2.23 per share bottom line.

About: SILC: (%)

Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for a range of servers, server based systems, and communications devices in North America, Europe, and the Asia Pacific.

It offers high-end server networking interface cards with and without bypass for the server networking industry. The company also provides intelligent and programmable cards, including redirector cards; encryption and data compression hardware acceleration cards; time stamping and full field programmable gate array (FPGA) based network capture and mobile OSS distribution solutions; network processor acceleration cards; VHIO, a product off-loading virtualization switching from the CPU; FPGA based ultra-low latency solutions; and compute blades, which offer general compute capability in networking intensive environment.

In addition, it offers bypass switches and intelligent bypass switches; server to appliance converter products that enable standard servers to be configured as network appliances with front networking ports; and CPE/edge/low end appliance units. The company sells its products to original equipment manufacturers. Silicom Ltd. was founded in 1987 and is headquartered in Kfar Sava, Israel.