Silicom (SILC) Tops Q4 EPS by 8c

Silicom (NASDAQ: SILC) reported Q4 EPS of $0.65, $0.08 better than the analyst estimate of $0.57. Revenue for the quarter came in at $36.3 million versus the consensus estimate of $34.74 million.

GUIDANCE:

Silicom sees Q1 2022 revenue of $31-33 million.

• While we see dramatic growth in demand for 2022, our guidance for the first quarter of 2022 is also impacted by the global components crisis, which could limit our ability to fulfill the demand. As such, Management projects that revenues for the first quarter of 2022 will range between $31 million and $33 million, a level that is much lower than we would have forecast based only on demand.
• Given our very long and growing list of design wins that continues to generate strong demand, we continue to project double-digit growth in 2022 and beyond.

For earnings history and earnings-related data on Silicom (SILC) click here.

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