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2023-07-28 04:10:21 ET Silicon Motion Technology press release ( NASDAQ: SIMO ): Q2 Non-GAAP EPADS of $0.38 misses by $0.10 . Revenue of $140.4M (-44.4% Y/Y) beats by $11.77M . SSD controller sales: 2Q increased 5% to 10% Q/Q and decreased 30% to 35% Y/Y. e...
Business Highlights Second quarter sales increased 13% Q/Q and decreased 44% Y/Y SSD controller sales: 2Q increased 5% to 10% Q/Q and decreased 30% to 35% Y/Y eMMC+UFS controller sales: 2Q increased 45% to 50% Q/Q and decreased 65% to 70% Y/Y SSD solutions sales: 2Q decrea...
2023-07-27 08:50:19 ET Silicon Motion ( NASDAQ: SIMO ) said that MaxLinear's ( NASDAQ: MXL ) decision to terminate its purchase agreement is invalid and that it intends to "vigorously" enforce its rights under the merger agreement. Silicon Motion fell 11% in premarket tr...
2023-07-27 08:38:02 ET Mersana Therapeutics ( MRSN ) -74% announces topline data from UPLIFT clinical trial in patients with platinum-resistant Ovarian Cancer and strategic reprioritization. Biohaven ( BHVN ) -27% . Yellow Corporation ( YELL ) -26% . ...
TAIPEI, Taiwan, July 27, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQGS: SIMO) (“Silicon Motion”) today announced that Silicon Motion and MaxLinear, Inc. (NASDAQGS: MXL) (“MaxLinear”) received antitrust approval from the State Administrat...
2023-07-27 07:48:39 ET MaxLinear ( NASDAQ: MXL ) was cut to hold from buy at Craig-Hallum as guidance was below estimates and there was uncertainty over Silicon Motion ( NASDAQ: SIMO ) following MXL's decision to terminate the acquisition. MaxLinear fell 10% in prema...
2023-07-26 18:11:31 ET Gainers: Genesis Unicorn Capital ( NASDAQ: GENQ ) +15% . Align Technology ( ALGN ) +12% . Spok Holdings ( SPOK ) +10% . Nextracker ( NXT ) +9% . Meta Platforms ( META ) +6% . Losers: ...
2023-07-26 15:30:57 ET MaxLinear ( NASDAQ: MXL ) said it has exercised its contractual rights to terminate its planned purchase of Silicon Motion ( NASDAQ: SIMO ). MaxLinear and Silicon Motion shares have been halted. MaxLinear said it gave notice that it is reli...
2023-07-26 15:24:30 ET Shares of Silicon Motion Technology (NASDAQ: SIMO) skyrocketed more than 80% on Wednesday, according to data provided by S&P Global Market Intelligence , after Chinese regulators approved its previously announced acquisition by MaxLinear (NAS...
2023-07-26 15:00:33 ET Gainers: Silicon Motion Technology ( SIMO ) +80% . Vicor ( VICR ) +54% . Sarcos Technology and Robotics ( STRC ) +13% . Hitek Global ( HKIT ) +12% . AudioEye ( AEYE ) +11% . Losers: Warrantee ( WR...
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2024-07-24 14:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
TAIPEI, Taiwan and MILPITAS, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its pre...
2024-06-24 15:10:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...