Welcome to our dedicated page for Silicom news (Ticker: SILC), a resource for investors and traders seeking the latest updates and insights on Silicom stock.
Overview of Silicom Ltd
Silicom Ltd is a company specializing in advanced networking and data infrastructure solutions designed for server-based systems, cloud architectures, and edge applications. Utilizing technologies that lower latency and increase throughput, Silicom’s products are integral components for systems used in cyber security, network monitoring, analytics, traffic management, and application delivery. With a portfolio that spans server adapters, FPGA-based cards, x86 open appliances, and more, the company serves a diverse range of customers including large OEMs, cloud service providers, and telecommunications companies.
Core Business Areas
At its core, Silicom focuses on the design and manufacture of high-performance networking hardware. The company develops products that include multi-port network interface cards operating at various speeds (from 1G up to 100G), intelligent adapters integrating FPGA technology and network processors, as well as complete edge networking systems that support modern virtualization, SDN, NFV, SD-WAN, and SDI technologies. This dynamic product range strategically positions Silicom as a critical partner in modern data center environments and advanced communication networks.
Market Position and Competitive Landscape
Silicom operates in a competitive yet specialized industry where performance, reliability, and innovation are paramount. The company’s solutions are tailored to meet the demands of high-speed data transfers and complex network infrastructures. By simplifying hardware integration while enhancing system performance, Silicom effectively differentiates itself from competitors through its expertise in delivering customizable solutions that are both scalable and efficient. Its established relationships with over 200 customers worldwide, along with a strong record of design wins, underscore its capacity to serve high-demand sectors with rigorous performance standards.
Technology and Product Innovation
The technical foundation of Silicom’s products combines advanced silicon technologies with robust engineering principles. Key offerings in server adapters are engineered to handle the intensive data flows prevalent in cloud computing and data center environments. Moreover, the company's FPGA-based cards and open appliance systems illustrate its commitment to integrating cutting-edge hardware solutions with flexible, customizable design architectures. These innovations facilitate faster data processing, minimize network latency, and support a range of high-performance applications from cybersecurity to high-frequency trading.
Applications and Industry Relevance
Silicom's products are leveraged across several critical sectors. In data centers, its hardware supports virtualization and the scaling of cloud infrastructure. In the realm of edge networking, the company provides complete appliance solutions that empower cloud CPE and other emerging IoT applications. Importantly, industries such as cyber security, network monitoring, WAN optimization, and application delivery rely on the superior performance delivered by Silicom’s tailored solutions. Through these applications, Silicom enables enhanced system efficiencies and more robust network performances, positioning itself as a trusted partner in evolving tech ecosystems.
Expertise and Industry Insights
Silicom combines deep technical expertise with practical insights from working alongside major cloud and network solution providers. Its product development process balances innovation with tried-and-tested hardware integrity, ensuring that each solution meets the rigorous demands of modern networking environments. This balance of pioneering technology and targeted application makes Silicom a go-to partner for organizations looking to enhance system performance while managing cost-effective scalability and operational efficiency.
Business Model and Revenue Generation
The company generates revenue primarily through direct sales and strategic partnerships with OEMs and service providers. By offering a diversified range of high-performance networking products, Silicom taps into various market segments—ranging from large-scale data centers to niche cyber security applications. Its business strategy centers on long-term relationships and continual product innovations, enabling recurring revenue streams and a broad portfolio of design wins. The emphasis on cost-effective, high-quality solutions supports sustained market engagement and maintains its relevance in a rapidly evolving technological landscape.
Summary
In summary, Silicom Ltd stands as a robust entity in the networking and data infrastructure market. Its commitment to technical excellence, innovative product design, and strategic customer relationships reinforces its role as a critical supplier in the modern digital world. The company’s detailed focus on improving throughput and reducing latency through targeted hardware innovations makes it a centerpiece in systems requiring superior performance, demonstrating its long-standing expertise and industry authority.
Silicom (NASDAQ: SILC), a provider of high-performance server/appliances networking solutions, has scheduled its first quarter 2025 financial results release for Monday, April 28, 2025. The company will host a conference call at 9:00 AM Eastern Time on the same day.
Investors can participate through a webcast link on Silicom's website or via telephone dial-in. Management will review the results and answer investor questions after prepared remarks. The conference call can be accessed through multiple telephone numbers, including US (1 866 860 9642) and Israel (03 918 0609).
A replay of the call will be available for three months following the event under the investor relations' webcast section of Silicom's website.
Silicom (NASDAQ: SILC) has secured a significant design win as a US-based cyber security company selects their latest Altera-based 400G FPGA Smart Card for a new network monitoring solution. The deal is expected to reach $3 million per year at full ramp-up, with initial deliveries scheduled for this year.
The selection follows extensive collaboration between both companies' teams to optimize product features and performance. The customer utilized Silicom's PacketMover framework to accelerate their market entry, leveraging its simplified approach to developing and integrating offload functions onto Silicom's FPGA cards.
This design win represents another milestone in Silicom's strategic growth plan, showcasing their capability as a 'full-service' supplier offering advanced technology solutions, customer collaboration, and rapid development capabilities.
Silicom (NASDAQ: SILC) reported Q4 2024 financial results with revenues of $14.5 million, down from $18.8 million in Q4 2023. The company posted a GAAP net loss of $4.4 million ($0.76 per share) compared to a $35.0 million loss in Q4 2023.
For full-year 2024, revenues declined to $58.1 million from $124.1 million in 2023, with a GAAP net loss of $12.0 million ($1.99 per share). The company generated $17.3 million in cash during 2024 and invested approximately $10 million to repurchase ~650,000 shares.
Looking ahead, management projects Q1 2025 revenues between $14-15 million, with low single-digit growth expected in 2025. The company anticipates strong double-digit growth starting from 2026, targeting EPS above $3 based on annual revenues of $150-160 million.
Silicom (NASDAQ: SILC) has secured a design win from a major US-based cyber security customer for an advanced Edge system. The customer projects reaching a full run-rate of approximately $2 million per year by the second half of 2025. The deal involves a customized version of Silicom's wireless connectivity-enabled Edge system with an integrated Network Interface Card.
The customer, which initially purchased network adapters from Silicom, has expanded its relationship to include complex Edge devices. The system will be implemented as the next generation of one of the customer's leading product lines. Discussions are ongoing regarding additional Silicom products for other product lines.
Silicom (NASDAQ: SILC), a provider of high-performance server/appliances networking solutions, has announced the scheduled release of its fourth quarter and full year 2024 financial results on Thursday, January 30, 2025. The company will host a conference call at 9:00 AM Eastern Time on the same day, where management will review and discuss the results and address investor questions.
Investors can participate either through a webcast link on Silicom's website (https://www.silicom-usa.com/webcasts/) or via telephone dial-in. The call will be accessible from the US (1 866 860 9642), Israel (03 918 0609), and internationally (+972 3 918 0609). A replay of the call will be available for three months following the live event on Silicom's website.
Silicom (NASDAQ: SILC) has secured a significant Design Win from a global networking and security-as-a-service leader, becoming their exclusive Edge Networking hardware provider. The deal, which emerged from discussions initiated a year ago, is expected to generate $3-4 million in annual revenue by 2026. The agreement includes several products, notably Silicom's newest Edge Networking solutions pre-integrated with Network Interface Cards.
Initial deliveries are scheduled to begin in the second half of 2025. The standardization of Silicom's Edge devices across all Edge deployment scenarios positions the company for additional Design Wins that could significantly boost annual sales. This development validates Silicom's renewed sales strategy and broad product portfolio.
Silicom (NASDAQ: SILC) reported Q3 2024 financial results with revenues of $14.8 million, down from $30.1 million in Q3 2023. The company posted a GAAP net loss of $2.6 million ($0.44 per share) compared to net income of $1.2 million in Q3 2023. For the first nine months of 2024, revenues were $43.6 million versus $105.4 million in 2023. The company generated $14 million in cash and spent $8.6 million on share repurchases. Management projects Q4 2024 revenues between $14-15 million, with low single-digit growth expected in 2025 and 20-30% compound annual growth rate from 2026.
Silicom (NASDAQ: SILC), a provider of high-performance server/appliances networking solutions, has announced the release of its third quarter 2024 results on Thursday, October 31, 2024. The company will host a conference call on the same day at 9:00am Eastern Time to review and discuss the results, as well as answer investor questions.
Investors can participate via a webcast link on Silicom's website or through a dial-in option. The webcast will be available under the investor relations' webcast section at https://www.silicom-usa.com/webcasts/. For those dialing in, the following numbers are provided: US: 1 866 860 9642, ISRAEL: 03 918 0609, INTERNATIONAL: +972 3 918 0609.
A replay of the call will be available for three months after the live call on Silicom's website.
Silicom (NASDAQ: SILC) reported Q2 2024 financial results and provided an update on its Strategic Plan. Key points:
- Q2 2024 revenues: $14.5 million (vs $38.1 million in Q2 2023)
- Q2 2024 GAAP net loss: $(1.5) million, or $(0.25) per share
- Q2 2024 non-GAAP net loss: $(0.9) million, or $(0.14) per share
- H1 2024 revenues: $28.9 million (vs $75.3 million in H1 2023)
- Generated $13 million cash in H1 2024, invested $6.6 million in share repurchases
- Q3 2024 revenue guidance: $14-15 million
- Extended Strategic Plan by one year, expecting 20-30% annual growth from 2026
- Targeting over $3 EPS on annual revenues of $150-160 million
Silicom (NASDAQ: SILC) will release its second quarter 2024 results on July 29, 2024. A conference call is scheduled for the same day at 9:00am ET, where management will discuss the results and address investors' questions. Investors can join via webcast on Silicom's website or dial in using provided teleconferencing numbers. A replay will be available for three months post-event.
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