Silicom Ltd Expects Q3 Revenue Of $30M-$31M Vs $44.06M Est
Portfolio Pulse from Benzinga Newsdesk
Silicom Ltd has projected its Q3 revenue to be between $30M-$31M, which is significantly lower than the estimated $44.06M.
July 31, 2023 | 12:18 pm
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Silicom Ltd's lower than expected Q3 revenue projection could negatively impact its stock price.
Silicom Ltd's Q3 revenue projection is significantly lower than the estimated $44.06M. This could lead to a negative market reaction, potentially causing a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100