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Silicon Motion (NASDAQ:SIMO) shares +2% premarket after yesterday's Q2 beats with an upside Q3 revenue forecast. SSD controller sales increased 30% to 35% Q/Q and increased 105% to 110% Y/Y. eMMC+UFS controller sales increased 10% to 15% Q/Q and increased 25% to 30% Y/Y. SSD solutio...
Silicon Motion Technology (NASDAQ:SIMO): Q2 Non-GAAP EPS of $1.50 beats by $0.21; GAAP EPS of $1.40 beats by $0.23. Revenue of $221.1M (+61.6% Y/Y) beats by $12.92M. Shares +0.23% AH. Press Release For further details see: Silicon Motion Technology EPS beats by $0.21, beats on revenue ...
Financial Highlights Business Highlights Achieved second consecutive all-time record quarterly revenue and earnings per share Sales of SSD and eMMC+UFS controllers both reached new record quarterly highs SSD controller sales increased 30% to 35% Q/Q and i...
TAIPEI, Taiwan and MILPITAS, Calif., July 08, 2021 (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 i...
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Concerns over rising inflation and investors’ rotation to cyclical stocks to take advantage of the economic recovery have led many promising tech stocks to experience price plunges lately. However, we think this dip should be seen as an opportunity to invest in prominent tech players H...
Saying it should be "very difficult for the company to maintain strong growth momentum into 2022," Morgan Stanley cuts Silicon Motion (SIMO) from Equal-Weight to Underweight.The firm sees a challenging setup with weaker consumer electronics demand expected in 2022 versus this year a...
Q1 revenue and EPS grew by double digits and SIMO raised its FY2021 growth forecast from 20-30% to 45-55%. Growth is accelerating, but it’s still nowhere near what it could be if SIMO was not limited by capacity constraints. SIMO looks good as is, but it looks even better u...
Silicon Motion Technology Corp (SIMO) Q1 2021 Earnings Conference Call May 06, 2021, 08:00 ET Company Participants Christopher Chaney - Director, IR & Strategy Wallace Kou - Founder, President, CEO & Director Riyadh Lai - CFO Conference Call Participants Anthony Stoss - Craig-Hallum C...
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Business Highlights Second quarter of 2024 sales increased 11% Q/Q and increased 50% Y/Y SSD controller sales: 2Q of 2024 increased 0% to 5% Q/Q and increased 25% to 30% Y/Y eMMC+UFS controller sales: 2Q of 2024 increased 25% to 30% Q/Q and increased 190% to 195% Y...
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...