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Stock Market & Financial Investment News

News Breaks
February 4, 2013
18:04 EDTSIMOSilicon Motion sees FY13 revenue up 10%-20% over FY12
Company said "For FY13 we believe we are well positioned to grow our revenue 10% to 20% led by our New Growth Products. In the first quarter, we expect our eMMC controller sales to grow sequentially and LTE sales to decrease as Samsung's flagship smartphone and tablet models are in transition. Additionally, while our sales of card and USB flash drive controllers to module maker customers will be seasonally down as expected, our large OEM customer is rebalancing its card and wafer sales, and this will negatively affect our sales temporarily in the Q1. In the Q2 we expect our eMMC controller sales to continue growing, our LTE sales to pick-up, and our card and USB flash drive sales to rebound." For the FY13 management expects: revenue to be up 10%-20% compared with FY12; gross margin non-GAAP to be the 46%-48% and operating expenses, non-GAAP, approximately $73M-$78M.
News For SIMO From The Last 14 Days
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July 27, 2015
18:05 EDTSIMOSilicon Motion sees FY15 revenue up 22%-27%, consensus $355.69M
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18:04 EDTSIMOSilicon Motion sees Q4 revenue increasing sequentially
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18:04 EDTSIMOSilicon Motion sees Q3 revenue up 5%-10%, consensus $95.58M
Sees Q3 adjusted gross margin 50%-52%. Sees operating expenses roughly $25M-$27M.
18:02 EDTSIMOSilicon Motion reports Q2 adjusted EPS 51c, consensus 50c
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