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SILICOM'S FIRST QUARTER 2022 RESULTS RELEASE SCHEDULED FOR April 28, 2022

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Silicom Ltd. (NASDAQ: SILC) will release its first quarter 2022 results on April 28, 2022, followed by a conference call at 9:00am ET. The call will discuss financial results and allow for investor Q&A. Silicom, a provider of high-performance networking solutions, emphasizes improving efficiency in Cloud and Data Center environments. It serves major clients in the tech sector. Forward-looking statements in the release highlight risks related to dependence on a limited number of customers and market uncertainties.

Positive
  • Silicom's focus on high-performance networking solutions caters to growing demand in Cloud and Data Center environments.
  • The company maintains strong relationships with over 200 customers and has over 400 active Design Wins.
Negative
  • Increasing dependence on a limited customer base poses risks to revenue stability.
  • Market uncertainties and competition may affect future growth and product commercialization.

- Conference Call Scheduled for Thursday, April 28, 2022 at 9:00am ET -

KFAR SAVA, Israel, April 4, 2022 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), an industry-leading provider of high-performance server/appliances networking solutions, announced today that it will be releasing its first quarter 2022 results on Thursday, April 28, 2022.

Silicom Ltd

The Company will be hosting a conference call that same day at 9:00am Eastern Time. On the call, management will review and discuss the results, and will also be available to answer investors' questions.

To participate, investors may either listen via a webcast link hosted on Silicom's website or via the dial-in. The link will be under the investor relations' webcast section of Silicom's website at https://www.silicom-usa.com/webcasts/   

For those that wish to dial in via telephone, one of the following teleconferencing numbers may be used:

US: 1 866 860 9642

ISRAEL: 03 918 0609

INTERNATIONAL:  +972 3 918 0609

At: 9:00am Eastern Time, 6:00am Pacific Time, 4:00pm Israel Time

It is advised to connect to the conference call a few minutes before the start.

For those unable to listen to the live call, a replay of the call will be available for three months from the day after the call under the above-mentioned webcast section of Silicom's website.

About Silicom

Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to improve performance and efficiency in Cloud and Data Center environments, Silicom's solutions increase throughput, decrease latency and boost the performance of servers and networking appliances, the infrastructure backbone that enables advanced Cloud architectures and leading technologies like NFV, SD-WAN and Cyber Security. Our innovative solutions for high-density networking, high-speed fabric switching, offloading and acceleration, which utilize a range of cutting-edge silicon technologies as well as FPGA-based solutions, are ideal for scaling-up and scaling-out cloud infrastructures.

Silicom products are used by major Cloud players, service providers, telcos and OEMs as components of their infrastructure offerings, including both add-on adapters in the Data Center and stand-alone virtualized/universal CPE devices at the edge.

Silicom's long-term, trusted relationships with more than 200 customers throughout the world, its more than 400 active Design Wins and more than 300 product SKUs have made Silicom a "go-to" connectivity/performance partner of choice for technology leaders around the globe.

For more information, please visit: www.silicom.co.il

Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties, or other factors not under the company's control, which may cause actual results, performance, or achievements of the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, Silicom's increasing dependence for substantial revenue growth on a limited number of customers in the evolving cloud-based, SD-WAN, NFV and Edge markets, the speed and extent to which solutions are adopted by these markets, likelihood that Silicom will rely increasingly on customers which provide solutions in these evolving markets, resulting in an increasing dependence on a smaller number of larger customers, difficulty in commercializing and marketing of Silicom's products and services, maintaining and protecting brand recognition, protection of intellectual property, competition, disruptions to our manufacturing and development along with general disruptions to the entire world economy relating to the spread of the novel coronavirus (COVID-19) and other factors detailed in the company's periodic filings with the Securities and Exchange Commission. These forward-looking statements can generally be identified as such because the context of the statement will include words, such as "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe future plans, objectives or goals are also forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements should not be regarded as a representation by the company that it will achieve such forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise.

Company Contact:   

Eran Gilad, CFO

Silicom Ltd.        

Tel: +972-9-764-4555      

E-mail: erang@silicom.co.il

Investor Relations Contact:

Ehud Helft

GK Investor Relations

Tel: +1 212 378 8040

E-mail: silicom@gkir.com

Cision View original content:https://www.prnewswire.com/news-releases/silicoms-first-quarter-2022-results-release-scheduled-for-april-28-2022-301516484.html

SOURCE Silicom Ltd.

FAQ

When will Silicom Ltd. release its first quarter 2022 results?

Silicom Ltd. will release its first quarter 2022 results on April 28, 2022.

What time is the conference call for Silicom's Q1 2022 results?

The conference call is scheduled for 9:00am ET on April 28, 2022.

How can I participate in Silicom's conference call?

You can join Silicom's conference call via a webcast link on their website or by dialing the provided teleconferencing numbers.

What risks does Silicom Ltd. face according to the press release?

Silicom faces risks related to dependence on a limited number of customers and uncertainties in market adoption of its solutions.

Silicom Ltd

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