Silicom shares are trading lower after the company issued Q4 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Silicom has issued Q4 revenue guidance that is below estimates, causing its shares to trade lower.
October 26, 2023 | 3:55 pm
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Silicom's lower than expected Q4 revenue guidance has led to a decrease in its share price.
Silicom's Q4 revenue guidance, which is lower than expected, is a negative signal to investors. This has resulted in a decrease in the company's share price as investors adjust their expectations for the company's performance.
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