UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 Or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of eve ...

Silicom Ltd (NASDAQ:SILC) Q4 2021 Earnings Conference Call January 27, 2022 9:00 AM ET Company Participants Kenny Green - CCG Investor Relations Yeshayahu Orbach - CEO, President & Director Eran Gilad - CFO & Company Secretary Conference Call Participants Alexander Henderson - Needham & Company Operator Welcome to the Silicom Fourth Quarter 2021 Results Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded. You should have all received by now the company's press release. ...

Financial Data and Key Metrics Changes - The company reported a 9% sequential growth and a year-over-year growth of 16% in revenues to $32.9 million for Q3 2021 [10] - Net income for the quarter was $3.6 million, an increase of 23% year-over-year, with earnings per share at $0.52, a 37% increase year-over-year [11][33] - Operating profit increased by 61% year-over-year, demonstrating strong operating leverage [11] - The company had over $66 million in net cash on the balance sheet at the end of the quarter [12][34] Business Line Data and Key Metrics Changes - The company experienced growing demand from both SD-WAN and 5G markets, with significant initial purchase orders from a major networking equipment provider [14][15] - The growth in the SD-WAN space has led to a steady stream of designs and new customer wins [16] - The company is optimistic about the O-RAN market, expecting significant growth contributions in the coming years [19] Market Data and Key Metrics Changes - Geographical revenue breakdown showed North America at 65%, Europe and Israel at 29%, and the Far East and rest of the world at 6% [29] - The top three customers accounted for about 35% of revenues over the last 12 months [29] Company Strategy and Development Direction - The company focuses on fast-growing networking market segments and continues to invest in R&D to provide timely products and solutions [13] - The strategy includes leveraging strong relationships with telcos and service providers to capitalize on the shift towards disaggregation and decoupling in network components [17][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the ongoing global shortage of electronic components, which is expected to intensify through 2022 [20][25] - Despite supply challenges, the company believes it can maintain high growth rates due to strong demand for its products [25] - For Q4 2021, the company expects revenues between $34 million and $36 million, representing approximately 18% growth over 2020 [26] Other Important Information - The company has executed a $15 million share buyback program, purchasing $3.2 million in shares during the quarter [12][34] - The gross profit for Q3 2021 was $11.3 million, with a gross margin of 34.3% [31] Q&A Session Summary Question: Impact of supply constraints on gross margins - Management indicated that the most serious impact of material shortages is on delivery ability rather than margins, as customers are generally willing to absorb cost increases [40] Question: Revenue impact from component availability - Management estimated that with 100% component availability, the revenue delta could be in the millions for the year [42] Question: Traditional business performance - Management confirmed an increase in orders from traditional customers, despite challenges in delivery due to material shortages [51] Question: Long-term revenue aspirations - Management acknowledged that the $250 million revenue goal could be conservative and may need to be updated based on current demand [66][70] Question: Status of the Intel partnership - The partnership with Intel remains strong, with ongoing collaboration in the 5G space [71] Question: FPGA design wins - Management noted that the FPGA sales cycle is longer, but there are ongoing proof of concept projects with major customers [72][75]

Silicom Ltd. (NASDAQ:SILC) Q2 2021 Earnings Conference Call July 29, 2021 9:00 AM ET Company Participants Ehud Helft - Investor Relations Shaike Orbach - Chief Executive Officer Eran Gilad - Chief Financial Officer Conference Call Participants Alex Henderson - Needham & Company Sergi Mascaró - Private Investor Robert Sussman - Bentley Capital Operator Ladies and gentlemen, thank you for standing by. Welcome to the Silicom Second Quarter 2021 Results Conference Call. [Operator Instructions] As a reminder, th ...

Silicom Ltd. (NASDAQ:SILC) Q1 2021 Results Conference Call April 29, 2021 9:00 AM ET Company Participants Ehud Helft - GK IR Shaike Orbach - CEO Eran Gilad - CFO Conference Call Participants Robert Sussman - Bentley Capital Alex Henderson - Needham & Company Operator Ladies and gentlemen, thank you for standing by. Welcome to the Silicom First Quarter 2021 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. You should have all received by now the CompanyÂ's pre ...

Connectivity Solutions Innovative Solutions Tailor Made Solutions 字 0 Off-the-shelf Products Investor Presentation April 29, 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, expect ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Date of event requiring this shell company report.……………… For the transition period from to Commission File number: 000-23288 WASHINGTON, D.C. 20549 SILICOM LTD. FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 Or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 Or (Exact name of Registrant as specified in its charter and ...

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 ...

Financial Data and Key Metrics Changes - The company reported revenue of $33.9 million for Q4 2020, a 33% increase year-over-year and a 19% increase sequentially [8][40] - Net income for the quarter was $4 million, representing a 29% increase compared to Q4 2019 and a 36% increase from the previous quarter [9][46] - Earnings per diluted share were $0.56, a 37% increase year-over-year [47] - The company ended the quarter with over $76 million in net cash and no debt [9][48] Business Line Data and Key Metrics Changes - The geographical revenue breakdown showed North America at 61%, Europe and Israel at 33%, and the Far East and the rest of the world at 6% [41] - The company experienced a significant demand for Smart Cards and CPE devices due to trends in cloud services and disaggregation [16][17] Market Data and Key Metrics Changes - The company noted that its top three customers accounted for about 35% of revenues over the last 12 months [41] - The ongoing trends in cloud services and disaggregation are expected to drive significant growth in the networking market [21][22] Company Strategy and Development Direction - The company has focused its R&D investments on cloud-related trends, disaggregation, and decoupling, which have shown positive results [11][12] - The strategy includes targeting the mobile 4G/5G infrastructure market through O-RAN standards, which presents substantial opportunities [18][21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's positioning for 2021 and beyond, expecting revenues between $120 million and $130 million, representing a 17% year-over-year growth at the midpoint [35][36] - The company acknowledged challenges related to supply chain constraints but is taking proactive measures to mitigate these issues [51][57] Other Important Information - The company took a one-time $1.7 million impairment charge to its cost of sales due to strategic focus adjustments [43] - The company executed a $15 million share buyback plan, purchasing approximately 111,000 shares at a total cost of $4.2 million during Q4 [48] Q&A Session Summary Question: Supply constraints and resolution - Management acknowledged the unusual supply constraints and outlined steps taken to mitigate the impact, including early orders and collaboration with customers [50][52][54] Question: Guidance on exchange rates and R&D investments - Management indicated that while R&D investments are increasing, they are focused and strategic, with an anticipated effective tax rate of approximately 15% for 2021 [58][66] Question: SD-WAN project ramp-up - Management confirmed that one SD-WAN project is still not ramping up, but new design wins are expected to contribute to revenue growth [75][77] Question: Future capital allocation plans - Management stated that future capital allocation decisions will be made closer to the end of the current buyback program [96] Question: Expectations for 5G and SD-WAN deployments - Management expressed confidence in achieving additional design wins in both 5G and SD-WAN markets, supported by a strong pipeline [97]

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 ...