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Silicon Motion Announces Preliminary Second Quarter 2021 Revenue and Earnings Conference Call ...

Silicon Motion Announces Preliminary Second Quarter 2021 Revenue and Earnings Conference Call ...
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Silicon Motion Technology Q1 Profit Beats Estimates

Silicon Motion Technology Q1 Profit Beats Estimates
TAIPEI (dpa-AFX) - Silicon Motion Technology Corporation (SIMO) reported first quarter non-GAAP earnings per ADS of $1.11 compared to $0.80, prior year. On average, 11 analysts polled by Thomson Reuters expected the company to report profit per share of $0.98, for the quarter. Analysts estimates typically exclude special items. GAAP net income was $34.4 million or $0.98 per ADS, for the quarter.
First quarter revenue increased to $182.4 million from $132.8 million, prior year. Analysts expected revenue of $168.97 million, for the quarter.
Wallace Kou, President and CEO of Silicon Motion, said: While we now expect to deliver
much stronger full-year sales, our ability to fulfill customer demand remains capped by very tight foundry supply availability. ....

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Silicon Motion Technology To Report Q1 Revenue Above Guidance Range

Silicon Motion Technology To Report Q1 Revenue Above Guidance Range
TAIPEI (dpa-AFX) - Silicon Motion Technology Corporation (SIMO) said, based on preliminary first quarter results, revenue is estimated to grow approximately 25% sequentially, well in excess of the original 7% to 12% guidance range which the company previously issued. Non GAAP gross margin is projected to be at the high-end of the original 48.0% to 50.0% guidance range.
The company will release its first quarter results after the market closes on May 5, 2021.
Shares of Silicon Motion Technology Corp. were up 5% in pre-market trade on Thursday.
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© 2021 AFX News ....

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Silicon Motion Announces Preliminary Fourth Quarter 2020 Revenue and Earnings Conference Call ...

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Silicon Motion Announces Preliminary Fourth Quarter 2020 Revenue and Earnings Conference Call .
Silicon Motion Technology CorporationJanuary 7, 2021 GMT
TAIPEI, Taiwan and MILPITAS, Calif., Jan. 07, 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 its preliminary fourth quarter financial results, revenue is expected to be approximately 3% above the high-end of the original guidance range of $130 million to $139 million which the company issued on November 3, 2020. Gross margin (non-GAAP) is expected to be near the mid-point of the company’s original guidance range of 48.0% to 50.0%. ....

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Universal Flash Storage 2027 Market Analysis by Advanced Technologies and Rising Demand Led by customers

Universal Flash Storage 2027 Market Analysis by Advanced Technologies and Rising Demand Led by customers
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