KFAR-SAVA, Israel (AP) _ Silicom Ltd. (SILC) on Thursday reported fourth-quarter net income of $846,000.
The Kfar-Sava, Israel-based company said it had profit of 12 cents per share. Earnings, adjusted for non-recurring costs, came to 56 cents per share.
The provider of servers and network computing appliances posted revenue of $33.9 million in the period.
For the year, the company reported profit of $5.7 million, or 80 cents per share. Revenue was reported as $107.4 million.
For the current quarter ending in April, Silicom said it expects revenue in the range of $28 million to $29 million.
Silicom shares have climbed slightly more than 6% since the beginning of the year. The stock has climbed 23% in the last 12 months.
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
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