Silicom Surges to 52-Week High on Higher 1Q Revenue, Narrowed Loss

Dow Jones05-01

By Elias Schisgall

Shares of Silicom gained after the technology company narrowed its first-quarter loss and reported higher sales.

The stock rose 32%, to $37.13, midday Thursday, after hitting a 52-week high of $38.79 earlier in the session. Shares have climbed about 150% this year.

The company on Thursday reported a loss of $2.4 million, or 41 cents a share, compared with a loss of $2.8 million, or 49 cents a share, a year earlier.

Stripping out certain one-time items, the company reported an adjusted loss of 25 cents a share.

Sales rose to $19.1 million, up from $14.4 million a year prior.

For the current second quarter, the company is expecting revenue between $20 million and $21 million.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

April 30, 2026 12:15 ET (16:15 GMT)

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