Silicom Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 14.37 million compared to USD 37.18 million a year ago. Net loss was USD 3.43 million compared to net income of USD 3.54 million a year ago.

Basic loss per share from continuing operations was USD 0.55 compared to basic earnings per share from continuing operations of USD 0.52 a year ago. Diluted loss per share from continuing operations was USD 0.55 compared to diluted earnings per share from continuing operations of USD 0.52 a year ago.