Silicom Third Quarter 2024 Earnings: US$0.44 loss per share (vs US$0.18 profit in 3Q 2023)

Simply Wall St.
02 Nov 2024
Silicom-7.09%Pre-market

Silicom (NASDAQ:SILC) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$14.8m (down 51% from 3Q 2023).
  • Net loss: US$2.63m (down by 317% from US$1.21m profit in 3Q 2023).
  • US$0.44 loss per share (down from US$0.18 profit in 3Q 2023).
NasdaqGS:SILC Earnings and Revenue History November 2nd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Silicom Earnings Insights

Looking ahead, revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Communications industry in the US.

Performance of the American Communications industry.

The company's shares are up 5.6% from a week ago.

Risk Analysis

Be aware that Silicom is showing 2 warning signs in our investment analysis and 1 of those shouldn't be ignored...

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