SILC

(Bloomberg) -- Apple Inc. reports quarterly earnings after the close on Thursday, but investors will be largely looking past the numbers and seeking clues to incoming Chief Executive Officer John Ternus’ strategic plans. Most Read from Bloomberg US Seeks to Deploy Hypersonic Missile for the First Time Against Iran North Korea Confirms Suicide Rule for Soldiers Ukraine Captures Two NJ Malls Separated by Just Four Miles — and Very Different Fates Junior Bankers Sick of Grunt Work Build $2 Billion AI Tool to Do the Job Meta Shares Plunge on Rising Concern About AI Spending Spree The iPhone maker announced last week that Ternus, its current head of hardware infrastructure, will take over for CEO Tim Cook on Sept. 1. That makes Apple’s fiscal second-quarter earnings report, outlook and conference call the first significant opportunity for Wall Street to get a reading on the new leader’s priorities. It isn’t clear if Ternus will appear on the call, and a company spokesperson declined to comment. “It isn’t really about the numbers,” said Anthony Saglimbene, chief market strategist at Ameriprise. “We want to know what the CEO transition looks like.” Ternus is taking over at a complex time for one of the world’s biggest companies, which is expected to debut a number of major products in upcoming months — notably a foldable iPhone. But while growth trends are improving, Apple has been grappling with skyrocketing costs for key components like memory chips and a volatile macro backdrop driven by the war in Iran and advances in AI that have minted stock market winners and losers. “Investors have reason to be excited about Ternus since he was an overseer of some of Apple’s most successful recent products, but his strategy will be a long-term story,” said David Wagner, portfolio manager at Aptus Capital Advisors, which has about $14 billion in assets and holds Apple in a variety of portfolios. “In the short term, the impact of component costs will be the focal point.” Apple shares are up less than 1% this year after a relatively disappointing 8.6% gain in 2025. By contrast, the technology-heavy Nasdaq 100 Index is up 8.3% in 2026 and the S&P 500 Index has gained 4.9%. Apple’s stock was up 1.2% on Thursday afternoon. While the company is accelerating development of AI-powered hardware devices and features, it has also seen a number of delays with its own artificial intellig...

Image source: The Motley Fool. Thursday, April 30, 2026 at 9 a.m. ET President and Chief Executive Officer — Liron Eizenman Chief Financial Officer — Eran Gilad Investor Relations — Kenny Green Need a quote from a Motley Fool analyst? Email [email protected] Operator: Ladies and gentlemen, thank you for standing by. Welcome to the Silicom First Quarter 2026 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. If you have not received it, please contact Silicom's Investor Relations team at EK Global Investor Relations at 1 (212) 378-8040 or view it on the News section of the company's website, www.silicom-usa.com. I would now like to hand over the call to Mr. Kenny Green of EK Global Investor Relations. Mr. Green, would you like to begin, please? Kenny Green: Thank you, operator. I would like to welcome all of you to Silicom's quarterly results conference call. Before we start, I would like to draw your attention to the following safe harbor statement, during this call, we may make forward-looking statements within the meaning of applicable securities laws. These statements may include, among other things, statements regarding the company's strategy, market opportunities, customer demand, product development initiatives, industry trends, expected deployments of the company's solutions, financial outlook, revenue expectations, margins, operating expenses, profitability and future growth opportunities. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. These risks include, among others, those described in the company's press release issued today in its filings with the U.S. Securities and Exchange Commission, including its annual report, Form 20-F. The company undertakes no obligation to update any forward-looking statements. With us on the call today are Mr. Liron Eizenman, President and CEO; and Mr. Eran Gilad, CFO. Liron will begin with an overview of the results, followed by Eran will provide the analysis of the financials. We will then turn the call over to the question-and-answer session. And with that, I would now like hand the call over to Liron. Liron, please go ahead. Liron Eizenman: Thank you, Kenny, and good day, everyone. I'm exceptionally plea...

Financial beat and raised guidance: Silicom reported Q1 revenue of $19.1 million (+33% YoY), said results were well ahead of expectations, raised FY2026 revenue guidance to $82–$83 million (≈33% growth), and showed improving profitability with an operating loss narrowing to $1.9M and net loss of $1.5M. Design-win driven ramp across core products: Management has secured four design wins so far (targeting 7–9) across Edge, SmartNIC and FPGA lines — notable wins include an expansion doubling expected revenue to ~$8–10M, a tier‑1 cybersecurity order initially >$1M expected to double, a streaming‑infrastructure win with >$1M now and ~$12M over five years (potentially $25–30M if customized), and a European PQC FPGA SmartNIC win around $3M per year. Strong balance sheet and inventory strategy; AI timing: Silicom has no debt, roughly $63M in cash/marketable securities and is intentionally building about $63M of inventory to secure supply, while management expects meaningful AI inference revenue to be “more 2027 rather than 2026.” Interested in Silicom Ltd? Here are five stocks we like better. Silicom (NASDAQ:SILC) reported first-quarter 2026 results that management said came in “well ahead” of expectations, driven by what it described as a broad-based acceleration in its core business and the ramp of prior design wins. President and CEO Liron Eizenman said the company delivered “a truly excellent set of quarterly results,” describing Q1 2026 as an “inflection point” for the business. Revenue totaled $19.1 million, up 33% year over year, which Eizenman said was “significantly ahead” of the company’s prior guidance range. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss Looking ahead, Eizenman guided to Q2 revenue of $20 million to $21 million, and said Silicom now expects full-year 2026 revenue of $82 million to $83 million, which he characterized as approximately 33% year-over-year growth. Eizenman attributed the performance to “design wins achieved in previous years” that are now ramping, adding that the company has “materially improved visibility for the remainder of the year.” → Is Oracle Undervalued as Cloud Growth Accelerates? Eizenman said Silicom targeted seven to nine design wins in 2026 and has already achieved four, putting the company “on track to meet and possibly exceed” its goal. He detailed several recent wins and expansions: Expansion with...

Management attributes the 33% revenue growth to a clear inflection point where design wins from 2024 and early 2025 are now reaching full production ramp-up. The company is outperforming original expectations due to broad-based momentum across all core product lines, including Edge systems, SmartNICs, and FPGA solutions. Visibility has materially improved as blue-chip customers expand existing deployments into multiple additional use cases, effectively doubling annual revenue from certain key accounts. Strategic positioning is focused on leveraging a stable, growing core business to fund 'venture-style' upside opportunities in AI inference, post-quantum cryptography, and white-label switching. Management notes that the shift from AI training to inference is creating massive networking bottlenecks that align with Silicom's core engineering expertise in high-speed interconnects. The company is intentionally leveraging its strong balance sheet to build inventory, mitigating risks associated with extending lead times for memory chips and ensuring uninterrupted delivery. Full-year 2026 revenue guidance of $82 million to $83 million assumes continued acceleration of design win ramps and approximately 33% year-over-year growth. Management expects to meet or exceed the upper end of its 2026 target of 7 to 9 design wins, having already secured 4 in the first four months of the year. Significant revenue contributions from the new AI inference and post-quantum cryptography initiatives are primarily expected to materialize in 2027 rather than 2026. The company is co-developing a new inference-specific product with a key customer, utilizing FPGA technology to allow for field updates as AI models evolve rapidly. Second quarter 2026 guidance assumes a revenue range of $20 million to $21 million, representing an accelerated 40% growth rate at the upper end. Inventory levels increased to $63 million as a proactive measure to safeguard against global supply chain constraints and rising demand. Management flagged extending lead times for memory chips as a persistent challenge, requiring close coordination and balancing between multiple DRAM and storage vendors. The company is qualifying additional memory sources and occasionally adjusting product specifications to maintain DRAM and storage supply continuity for customers. Operating leverage is beginning to manifest as revenue...

- Core business at inflection point: 33% YoY growth for Q1, ~40% YoY growth projected for Q2 2026 - KFAR SAVA, Israel, April 30, 2026 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance networking and data infrastructure solutions, today reported its financial results for the first quarter ended March 31, 2026. Financial Results Silicom's revenues for the first quarter of 2026 were $19.1 million, a 33% increase compared with $14.4 million for the first quarter of 2025. On a GAAP basis, the company's net loss for the quarter totalled $2.4 million, or $0.41 per ordinary share (basic and diluted), compared with $2.8 million, or $0.49 per ordinary share (basic and diluted), recorded in the first quarter of 2025. On a non-GAAP basis (as described and reconciled below), net loss for the quarter totalled $1.5 million, or $0.25 per ordinary share (basic and diluted), a 31% reduction compared with $2.1 million, or $0.37 per ordinary share (basic and diluted), for the first quarter of 2025. Guidance We are excited to report that not only did we surpass our revenue expectations this quarter, but that our momentum continues to accelerate, and that we anticipate even greater achievements for the second quarter. We expect second quarter revenues to range from $20 to $21 million, representing accelerated 40% growth on a year-over-year basis at the upper end of the guidance. Comments of Management Liron Eizenman, Silicom's President and CEO, commented, "The first quarter was exceptionally strong in both sales and pipeline development, confirming the beyond-projection performance of our strategic plan and execution. After achieving 33% revenue growth on a year-over-year basis for the first quarter, and given the increased visibility provided by resilient demand for our core business products, we expect to deliver even stronger performance in the future, including sales that reach $82-$83 million in 2026 and continue building throughout 2027. While we were pleased to close eight Design Wins in 2025, during the past four months we have already closed four new Design Wins, and continue working through a broad and deep pipeline for our core Edge, Smart NIC and FPGA offerings. We are thus well positioned to meet or exceed our target of 7-9 design wins for 2026. "In fact, these four recent design wins are a concrete demonstration of the strength and...

KFAR-SAVA, Israel (AP) — KFAR-SAVA, Israel (AP) — Silicom Ltd. (SILC) on Thursday reported a loss of $2.4 million in its first quarter. On a per-share basis, the Kfar-Sava, Israel-based company said it had a loss of 41 cents. Losses, adjusted for stock option expense and non-recurring costs, came to 25 cents per share. The provider of servers and network computing appliances posted revenue of $19.1 million in the period. For the current quarter ending in June, Silicom said it expects revenue in the range of $20 million to $21 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILC at https://www.zacks.com/ap/SILC

- Conference Call Scheduled for Thursday, April 30, 2026 at 9:00am ET - KFAR SAVA, Israel, March 31, 2026 /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 2026 results on Thursday, April 30, 2026. The Company will be hosting a conference call on 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, following the prepared remarks. 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 to optimize performance and efficiency in Cloud, Data Center and Edge environments, Silicom's solutions increase throughput and minimize latency, serving as the infrastructure backbone for today's most critical technologies. Our innovations empower high-demand workloads across Artificial Intelligence (AI) inference, SD-WAN, SASE, cyber security, fabric switching, NFV, and more. Our comprehensive portfolio, including high-speed server adapters, advanced hardware offloading and acceleration engines, AI NICs, FPGA-based smart cards, Post Quantum Cryptography (PQC) hardware accelerators, white label switches and Edge CPEs, is used by Tier-1 customers throughout the world, including cloud players, service providers and OEMs, to enable their networks to scale efficiently. With engineering excellence, a strong financial position and a legacy of over 400 active Design Wins, Silicom serves as the "go-to" connectivity and performance...

This article first appeared on GuruFocus. Q4 Revenue: $16.9 million, a 17% increase year-over-year. Gross Profit: $5.1 million, with a gross margin of 30.2%. Operating Expenses: $7.5 million, higher due to currency fluctuations. Net Loss: $1.9 million, compared to a net loss of $5.1 million in Q4 2024. Loss Per Share: $0.34, compared to $0.87 in Q4 2024. Working Capital and Marketable Securities: $111 million, including $74 million in cash and equivalents. Major Customer Revenue Contribution: One customer accounted for 14% of revenues. Design Wins in 2025: Eight major new design wins. Projected Q1 2026 Revenue: Between $16.5 million to $17.5 million, representing 18% growth year-over-year at the midpoint. Warning! GuruFocus has detected 5 Warning Signs with SILC. Is SILC fairly valued? Test your thesis with our free DCF calculator. Release Date: January 29, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Silicom Ltd (NASDAQ:SILC) reported a 17% year-over-year revenue growth for Q4 2025, exceeding their guidance range. The company achieved eight major new design wins in 2025, providing strong visibility into 2026 and beyond. Silicom Ltd (NASDAQ:SILC) has a strong balance sheet with $111 million in working capital and marketable securities, including $74 million in cash and no debt. The company is targeting double-digit revenue growth for 2026, supported by a broad opportunity pipeline. Silicom Ltd (NASDAQ:SILC) is positioned to capitalize on three major growth opportunities: AI inference, post-quantum cryptography, and white label switching. Silicom Ltd (NASDAQ:SILC) reported a net loss of $1.9 million for Q4 2025, although this was an improvement from the previous year's loss. Operating expenses increased to $7.5 million in Q4 2025, partly due to currency fluctuations affecting costs. The company remains heavily reliant on a limited number of customers, with one customer accounting for 14% of revenues in 2025. The new growth opportunities, while promising, are still in the early stages and not expected to contribute significantly to 2026 revenues. Silicom Ltd (NASDAQ:SILC) faces potential risks from global economic uncertainties, including inflation and volatile exchange rates, which could impact customer demand. Q: For the new three opportunities, the timeline seems like maybe AI inference is the mos...

Silicom reported Q4 revenue of $16.9 million, up 17% year‑over‑year and above guidance, highlighting eight major design wins and an expanded deployment that raises expected annual revenue from one customer to $8–10 million; management is targeting double‑digit growth in 2026 and guided Q1 2026 revenue of $16.5–17.5 million (≈18% Y/Y at midpoint). The company has a strong balance sheet with about $74 million in cash and no debt (roughly $20 per share), delivered a Q4 non‑GAAP gross margin of 30.2%, and narrowed its net loss to $1.9 million from $5.1 million a year earlier. Management is pursuing three longer‑term, “venture‑style” opportunities—AI inference, post‑quantum cryptography, and white‑label switching—but said these initiatives are in early stages with almost no meaningful revenue yet, so core business growth remains the primary near‑term driver. Interested in Silicom Ltd? Here are five stocks we like better. Silicom (NASDAQ:SILC) management told investors it exited 2025 with stronger-than-expected fourth-quarter revenue growth and what it described as increasing visibility into 2026, driven by new design wins and expansions at existing customers. On the company’s fourth-quarter 2025 earnings call, President and CEO Liron Eizenman said Silicom is also positioning for longer-term opportunities in AI inference networking, post-quantum cryptography, and white label switching, though he emphasized these newer areas are still early and not yet contributing meaningful revenue. Silicom reported fourth-quarter 2025 revenue of $16.9 million, up 17% from $14.5 million in the fourth quarter of 2024. Eizenman noted the result came in “well ahead” of the company’s guidance range of $15 million to $16 million and said it supported management’s view that demand for the company’s core products is “high, resilient, and strengthening.” → Trump Triggers Buying Opportunity in UnitedHealth Group CFO Eran Gilad provided the company’s geographic revenue mix over the last 12 months as North America 74%, Europe and Israel 17%, and Far East and rest of the world 9%. He also said Silicom had one customer representing more than 10% of revenue in 2025, accounting for about 14% of annual revenue. Gilad said the financial results discussed on the call were primarily on a non-GAAP basis, excluding non-cash compensation expenses related to options and RSUs, taxes on amortization of a...

Image source: The Motley Fool. Jan. 29, 2026 at 9 a.m. ET President and Chief Executive Officer — Liron Eizenman Chief Financial Officer — Eran Gilad Moderator — Kenny Green Kenny Green: Thank you, operator. I would like to welcome all of you to Silicom's quarterly results conference call. Before we start, I would like to draw your attention to the following safe harbor statement. This conference call contains forward-looking statements. Such statements may include, but are not limited to, anticipated future financial 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, regulatory, economic, and other conditions and are subject to known and unknown risks and uncertainties and other factors many of which are outside Silicom's control, which might cause actual results to differ materially from expectations expressed or implied in the forward-looking statements. These include, but are not limited to, Silicom's increasing dependence on substantial revenue growth on a limited number of customers, the speed and extent to which Silicom solutions are adopted by relevant markets, difficulties in the commercializing and marketing of Silicom's products and services, maintaining and protecting brand recognition, protection of intellectual property, disruptions to manufacturing and sales and marketing, developments in customer support activities, the impact of rising inflation, changing interest rates, volatile exchange rates, as well as any continuing effects or new effects resulting from pandemics and global economic uncertainty, may impact customer demand through customers exercising greater caution and selectivity with their short-term IT investment plans. The factors noted are not exhaustive. Further information about the company's businesses, including information about factors that could materially affect Silicom's results of operations and financial condition, are discussed in Silicom's annual report on Form 20-F and other documents filed by the company that may be subsequently filed by the company from time to time with the Securities and Exchange Commission. Therefore, there can be no assurance that actual future results will differ significantly from anticipated results. Consequently, investors are...

KFAR-SAVA, Israel (AP) — KFAR-SAVA, Israel (AP) — Silicom Ltd. (SILC) on Thursday reported a loss of $2.5 million in its fourth quarter. The Kfar-Sava, Israel-based company said it had a loss of 44 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 34 cents per share. The provider of servers and network computing appliances posted revenue of $16.9 million in the period. For the year, the company reported a loss of $11.5 million, or $2.01 per share. Revenue was reported as $61.9 million. For the current quarter ending in March, Silicom said it expects revenue in the range of $16.5 million to $17.5 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SILC at https://www.zacks.com/ap/SILC