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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, 2015
08:22 EDTSIMOSilicon Motion price target raised to $35 from $32 at Brean Capital
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January 26, 2015
18:13 EDTSIMOSilicon Motion reports Q4 adjusted gross margin 52.5%
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18:05 EDTSIMOSilicon Motion CEO sees Q1 'seasonally soft'
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18:04 EDTSIMOSilicon Motion sees FY15 revenue up 15%-25% y/y, consensus $350.36M
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18:03 EDTSIMOSilicon Motion sees Q1 revenue down 5%-0% sequentially, consensus $76.88M
Sees Q1 adjusted gross margin 50%-52%. Sees Q1 adjusted OpEx approximately $22M-$23M.
18:01 EDTSIMOSilicon Motion reports Q4 adjusted EPS 48c, consensus 47c
Reports Q4 revenue $80.5M, consensus $80.61M.

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