EnSilica (LON:ENSI) Issues Earnings Results

EnSilica (LON:ENSI) issued its quarterly earnings results on Monday. The company reported GBX 1.23 earnings per share (EPS) for the quarter, Digital Look Earnings reports. EnSilica had a return on equity of 4.77% and a net margin of 4.45%.

EnSilica Stock Up 2.3%

LON ENSI traded up GBX 2 on Wednesday, hitting GBX 89. 960,229 shares of the company were exchanged, compared to its average volume of 683,647. The company has a market cap of £119.47 million, a PE ratio of -38.03 and a beta of 0.91. EnSilica has a 12 month low of GBX 32 and a 12 month high of GBX 126. The stock has a fifty day moving average of GBX 76.53 and a 200-day moving average of GBX 80.66. The company has a current ratio of 1.20, a quick ratio of 3.18 and a debt-to-equity ratio of 21.82.

EnSilica Company Profile

Founded in 2001, EnSilica began as a semiconductor design services business, building deep expertise in complex chip design. In 2016, the Company evolved into designing and supplying customer-funded ASICs (Application Specific Integrated Circuits), creating long-term recurring supply revenues.

Today, EnSilica designs and supplies a complementary mix of ASICs and ASSPs (Application Specific Standard Products). ASICs are developed for individual customers, typically with customer-funded development, while EnSilica’s own ASSPs are designed for specific applications and sold to multiple customers, providing greater scale and higher-margin potential.