KFAR-SAVA, Israel (AP) — KFAR-SAVA, Israel (AP) — Silicom Ltd. (SILC) on Thursday reported a loss of $3.4 million in its first quarter.
On a per-share basis, the Kfar-Sava, Israel-based company said it had a loss of 55 cents. Losses, adjusted for stock option expense and non-recurring costs, were 38 cents per share.
The provider of servers and network computing appliances posted revenue of $14.4 million in the period.
For the current quarter ending in June, Silicom said it expects revenue in the range of $15 million to $17 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILC at https://www.zacks.com/ap/SILC
Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.