Silicon Motion Technology (NASDAQ:SIMO – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.85 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.
Silicon Motion Technology (NASDAQ:SIMO – Get Free Report) last announced its earnings results on Friday, August 2nd. The semiconductor producer reported $0.96 EPS for the quarter, topping the consensus estimate of $0.95 by $0.01. Silicon Motion Technology had a net margin of 10.14% and a return on equity of 10.31%. The firm had revenue of $210.67 million for the quarter, compared to the consensus estimate of $206.75 million. During the same quarter last year, the firm posted $0.33 EPS. The business’s quarterly revenue was up 50.1% on a year-over-year basis. On average, analysts expect Silicon Motion Technology to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Silicon Motion Technology Price Performance
SIMO stock opened at $56.06 on Monday. Silicon Motion Technology has a 52-week low of $51.85 and a 52-week high of $85.87. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 31.85, a price-to-earnings-growth ratio of 0.90 and a beta of 0.83. The company has a 50-day moving average of $59.31 and a two-hundred day moving average of $69.89.
Analyst Ratings Changes
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Silicon Motion Technology Company Profile
Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications.
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