onnectivity Solutions Innovative Solutions Tailor Made Solutions 13 0 Off-the-shelf Products Investor Presentation January 28, 2021 2 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expe ...

Silicom Ltd. (NASDAQ:SILC) Q4 2020 Earnings Conference Call January 28, 2021 9:00 AM ET Company Participants Ehud Helft - GK IR Shaike Orbach - CEO Eran Gilad - CFO Conference Call Participants Alex Henderson - Needham & Company Operator Ladies and gentlemen, thank you for standing by. Welcome to the Silicom Fourth Quarter and Full-Year 2020 Results Conference Call. All participants are at present in listen-only mode. Following management's formal presentation, instructions will be given for the question-a ...

Silicom Ltd. (NASDAQ:SILC) Q3 2020 Earnings Conference Call October 29, 2020 9:00 AM ET Company Participants Kenny Green - GK, Investor Relations Shaike Orbach - Chief Executive Officer Eran Gilad - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company Operator Ladies and gentlemen, thank you for standing by. Welcome to the Silicom's Third Quarter 2020 Results Conference Call. All participants are present in listen-only mode. Following managementÂ's formal presentation, ins ...

Investor Presentation October 29, 2020 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expectations and assumptions, which may be affected by subsequent business, political, environmenta ...

Silicom Ltd (NASDAQ:SILC) Q2 2020 Earnings Conference Call July 29, 2020 9:00 AM ET Company Participants Ehud Helft – GK Investor Relations Shaike Orbach – Chief Executive Officer Eran Gilad – Chief Financial Officer Conference Call Participants Alex Henderson – Needham and Company Harris Leviton – Private Investor Operator Ladies and gentlemen, thank you for standing by. Welcome to the Silicom Second Quarter 2020 Results Conference Call. All participants are present in listen-only mode. Following managemen ...

Investor Presentation July 29, 2020 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expectations and assumptions, which may be affected by subsequent business, political, environmental, ...

Financial Data and Key Metrics Changes - Revenue for Q1 2020 was reported at $22.2 million, a decrease of 26.4% from $30.2 million in Q1 2019, and aligned with the updated guidance of $21 million to $22 million [8][19] - Gross profit for Q1 2020 was $7.3 million, resulting in a gross margin of 33%, compared to a gross profit of $10.3 million and a gross margin of 34.1% in Q1 2019 [20] - Operating income decreased to $1.6 million in Q1 2020 from $4.4 million in Q1 2019, while net income was $2.3 million or 10.3% of revenues, down from $4 million or 13.3% in the previous year [20] - Earnings per diluted share were $0.31, compared to $0.52 in Q1 2019 [20] - As of March 31, 2020, the company had $79.9 million in cash and cash equivalents, with no debt, equating to $11.05 per outstanding share [21] Business Line Data and Key Metrics Changes - The company reported a strong focus on Edge compute units and FPGA solutions, which are expected to drive future growth [13][18] - A significant purchase order of $15 million for the Intelligent Bypass unit was received from a major systems integrator, indicating ongoing demand for traditional products [11][12] Market Data and Key Metrics Changes - Geographical revenue breakdown showed North America contributing 70%, Europe and Israel 23%, and the Far East and rest of the world 7% [19] - The company noted that its top three customers accounted for approximately 35% of revenues over the last 12 months [19] Company Strategy and Development Direction - The company is focusing on providing full solutions that integrate Edge compute units with FPGA and other offloading solutions, which is seen as a unique capability in the market [13][14] - Management emphasized the importance of the Telco space and the growing interest from customers in integrated hardware solutions [14][15] - The company is optimistic about long-term growth opportunities, particularly in Edge-related business and FPGA solutions for cloud and Telco data centers [18] Management Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by the COVID-19 pandemic, particularly in supply chain disruptions and logistics, but noted that demand has not decreased [22][24] - The company refrained from issuing guidance for Q2 2020 due to limited visibility but expressed optimism for a return to growth once pandemic-related disruptions subside [16][18] - Management highlighted the strategic potential of the new relationship with the major systems integrator, which could lead to further opportunities in government projects [12][43] Other Important Information - The company authorized a new share repurchase plan of up to $15 million, with approximately $13 million already spent on repurchasing shares in the previous plan [17] - The company reported a sequential decline in operating expenses, attributed to reduced travel costs due to the pandemic [32][34] Q&A Session Summary Question: Supply and logistics pressures due to COVID-19 - Management indicated that most issues experienced were related to supply chain delays, particularly from vendors in quarantine, and not a reduction in demand [22][24] Question: Expectations for supply constraints in the June quarter - Management noted that while supply constraints persist, it is unclear if conditions will worsen or improve in the upcoming quarter [25][26] Question: Gross margin dip in the March quarter - The dip was attributed mainly to a change in product mix, with more Edge products sold, rather than increased costs [29] Question: Update on SD-WAN demand - Management reported an increase in demand for low-end devices due to work-from-home initiatives, while higher-end units saw a decline [37] Question: Timing for shipping the $15 million order - Shipments are expected to begin in Q3 2020, contingent on resolving supply chain issues [42] Question: Stock buyback details - The company repurchased approximately $5 million in stock during Q1 2020, with an average cost of $30 per share [44][71] Question: Future demand outlook - Management expressed uncertainty about the timing of demand recovery but noted that demand has not disappeared [52]

Investor Presentation April 30, 2020 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expectations and assumptions, which may be affected by subsequent business, political, environmental, ...

Investor Presentation January 29, 2020 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expectations and assumptions, which may be affected by subsequent business, political, environmenta ...

Investor Presentation January 29, 2020 Safe Harbor Guidelines & Legal Notes The information presented today contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such statements may include, but are not limited to, anticipated future financial and operating results and Silicom's outlook and prospects. Those statements are based on management's current beliefs, expectations and assumptions, which may be affected by subsequent business, political, environmenta ...