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Stock Market & Financial Investment News

News Breaks
January 22, 2014
06:44 EDTSIMOSilicon Motion upgraded to Buy from Hold at Needham
Needham upgraded Silicon Motion based on a recovery in the LTE transceiver business, increased penetration into eMMC and hybrid SSDs, reduced legacy products, stable margins, and valuation. Price target is $18.
News For SIMO From The Last 14 Days
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January 28, 2016
18:22 EDTSIMOSilicon Motion sees FY16 revenue up 12%-20% y/y, consensus $418.71M
Sees FY16 non-GAAP gross margin 49%-51%. Sees FY16 non-GAAP operating margin 23%-25%.
18:05 EDTSIMOSilicon Motion sees Q1 revenue growth (2.5%)-2.5% sequentially, consensus $93.8M
Sees Q1 non-GAAP gross margin 49%-51%. Sees Q1 non-GAAP operating margin 23%-24%.
18:04 EDTSIMOSilicon Motion reports Q4 non-GAAP EPS 55c, consensus 56c
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