EnSilica (LON:ENSI) Posts Quarterly Earnings Results

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

EnSilica Stock Up 2.3%

Shares of ENSI traded up GBX 2 during mid-day trading on Wednesday, hitting GBX 89. The company’s stock had a trading volume of 960,229 shares, compared to its average volume of 683,647. The company’s 50-day moving average is GBX 76.53 and its 200-day moving average is GBX 80.66. EnSilica has a 52-week low of GBX 32 and a 52-week high of GBX 126. The firm has a market capitalization of £119.47 million, a price-to-earnings ratio of -38.03 and a beta of 0.91. The company has a current ratio of 1.20, a quick ratio of 3.18 and a debt-to-equity ratio of 21.82.

About EnSilica

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.