Silicom reports Q4 non-GAAP EPS 98c vs. 65c a year ago

Reports Q4 revenue $45.2M vs. $36.3M a year ago. CEO Liron Eizenman commented, "Given the year’s complex and challenging environment, we are particularly proud to report exceedingly strong results for 2022, with 17% growth in revenues, impressive operating and net margins, and 55% growth in our EPS…In fact, we have entered 2023 with our highest-ever year-start backlog, driven by overwhelming demand for our new products, including especially our Edge Networking solutions. Customers ranging from telcos, services providers, OEMs and software vendors to appliance vendors, cloud players and Enterprises are coming to us for use cases ranging from SD-WAN and SASE to Enhanced-Internet and telco-dedicated routing…Wins such as these have established Silicom as the industry’s ‘Edge Platform Provider of Choice,’ with the products, rapid customization capability, delivery capabilities and ongoing support that so many customers need. We therefore expect to continue benefiting strongly as the market transitions to the Edge Platform paradigm, driving multi-year growth for our company."