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Silicom's Fourth Quarter 2020 Results Release Scheduled for January 28, 2021

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Silicom Ltd. (NASDAQ: SILC) will release its fourth quarter and full year results on January 28, 2021. A conference call will take place at 9:00 am Eastern Time the same day, allowing management to discuss results and answer investors' questions. Investors can listen via a webcast or dial in using provided numbers. Silicom specializes in high-performance networking and data infrastructure solutions for Cloud and Data Center environments, serving over 170 customers worldwide.

Positive
  • Leading provider of high-performance networking solutions.
  • Strong customer base with over 170 clients globally.
Negative
  • Dependence on a limited number of customers for revenue growth.
  • Risks associated with evolving markets such as SD-WAN and NFV.

KFAR SAVA, Israel, Jan. 4, 2021 /PRNewswire/ --  Silicom Ltd. (NASDAQ: SILC), an industry-leading provider of high-performance server/appliances networking solutions, announced today that it will be releasing its fourth quarter and full year results on Thursday, January 28, 2021.

Silicom Ltd Logo

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 is 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 170 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: +1 646 201 9246

E-mail : silicom@gkir.com 

Cision View original content:http://www.prnewswire.com/news-releases/silicoms-fourth-quarter-2020-results-release-scheduled-for-january-28-2021-301200079.html

SOURCE Silicom Ltd

FAQ

When will Silicom Ltd. release its fourth quarter results?

Silicom Ltd. will release its fourth quarter results on January 28, 2021.

What time is Silicom's conference call scheduled?

The conference call for Silicom's results will be held at 9:00 am Eastern Time on January 28, 2021.

How can investors listen to Silicom's conference call?

Investors can listen to Silicom's conference call via a webcast or by dialing in using the provided numbers.

What is the focus of Silicom Ltd.'s business?

Silicom Ltd. focuses on high-performance networking and data infrastructure solutions primarily for Cloud and Data Center environments.

What are the risks mentioned in Silicom's press release?

Silicom faces risks such as reliance on a limited number of customers and challenges in evolving markets like SD-WAN and NFV.

Silicom Ltd

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