Silicom revenues down in 2002
Israel’s Silicom recorded $795,000 in revenues for the fourth quarter of 2002 compared to $853,000 for the fourth quarter of 2001. Net loss for the quarter was $674,000), or $0.16 per share fully diluted, compared to $288,000, or $0.07 per share fully diluted, for the fourth quarter of 2001.
For the full year ended December 31, 2002, revenues were $2.7 million, compared to $4.5 million for 2001. Net loss for the period was $2.5 million, or $0.60 per share fully diluted, compared to $1.4 million or $0.36 per share fully diluted, for 2001.
Silicom is a provider of communications connectivity solutions and advanced enabling technologies. The Company develops networking solutions for manufacturers of storage systems, Internet traffic management systems, security systems and for other hardware manufacturers providing a variety of server-based systems in multi port high performance environment.— (menareport.com)
© 2003 Mena Report (www.menareport.com)