- While the latest quarterly report was expected to be worse than the one before, SIMO still managed to grow revenue and EPS by double-digits.
- SIMO has to deal with some lingering headwinds, but they seem to be fading in strength as the year comes to a close.
- SIMO is optimistic about its prospects for FY2021 and there are a number of reasons why this could indeed be the case.
- While SIMO is likely to end 2020 in negative territory, momentum is on its side heading into the new year.
For further details see:
Headwinds And Tailwinds For Silicon Motion Technology Heading Into 2021