Silicom reports Q2 adjusted EPS 66c vs. 70c last year

Reports Q2 revenue $38.1M vs. $34.2M last year. “Our cash position continues to improve. Our balance of cash, cash equivalents and marketable securities increased by $10 million during the second quarter, and currently stands at $63 million with no debt. Based on our improved cash position and our expectation that our profitability will continue during the coming years, we intend to accelerate the pace at which we will be repurchasing our shares under the $15 million Share Repurchase Plan that we announced three months ago.”