SIMO earnings
Silicon Motion Technology Corporation (SIMO) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Silicon Motion Announces Results for the Quarterly Period Ended March 31, 2026Business Highlights First quarter of 2026 sales increased 23% Q/Q and increased 105% Y/Y SSD controller sales: 1Q of 2026 decreased 5% to 10% Q/Q and increased 40% to 45% Y/YeMMC+UFS controller sales: 1Q of 2026 increased 30% to 35% Q/Q and increased 140% to 145% Y/YFerri & Boot Drive solutions sales: 1Q of 2026 increased 205% to 210% Q/Q and increased 755% to 760% Y/Y Financial Highlights 1Q 2026 GAAP1Q 2026 Non-GAAP*• Net sales$342.1 million (+23% Q/Q, +105% Y/Y)$342.1 million (+23% Q/Q, +105% Y/Y)• Gross margin47.1%47.2%• Operating margin15.3%18.2%• Earnings per diluted ADS$1.97 $1.58 * Please see reconciliations of U.S. Generally Accepted Accounting Principles ("GAAP") to al
- Silicon Motion Announces First Quarter 2026 Earnings Conference CallTAIPEI, Taiwan and MILPITAS, Calif., April 10, 2026 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, plans to release its first quarter 2026 financial results after the market closes on April 28, 2026 and will host a conference call on April 29 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call. CONFERENCE CALL DETAILS: Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access
- Silicon Motion Announces Results for the Fourth Quarter and Year Ended December 31, 2025Business Highlights Fourth quarter of 2025 sales increased 15% Q/Q and increased 46% Y/Y SSD controller sales: 4Q of 2025 increased 25% to 30% Q/Q and increased 35% to 40% Y/YeMMC+UFS controller sales: 4Q of 2025 increased 0% to 5% Q/Q and increased 50% to 55% Y/YSSD solutions sales: 4Q of 2025 increased 125% to 130% Q/Q and increased 110% to 115% Y/Y Announced annual cash dividend of $2.00 per American Depositary Share ("ADS") Financial Highlights 4Q 2025 GAAP4Q 2025 Non-GAAP*• Net sales$278.5 million (+15% Q/Q, +46% Y/Y)$278.5 million (+15% Q/Q, +46% Y/Y)• Gross margin49.1%49.2%• Operating margin11.4%19.3%• Earnings per diluted ADS$1.41$1.26 Full Year 2025 GAAPFull Year 2025 N
- Silicon Motion Announces Fourth Quarter 2025 Earnings Conference CallTAIPEI, Taiwan and MILPITAS, Calif., Jan. 09, 2026 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, plans to release its fourth quarter 2025 financial results after the market closes on February 3, 2026 and will host a conference call on February 4 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call. CONFERENCE CALL DETAILS: Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique acces
- Silicon Motion Announces Results for the Period Ended September 30, 2025Business Highlights Third quarter of 2025 sales increased 22% Q/Q and increased 14% Y/Y SSD controller sales: 3Q of 2025 increased 20% to 25% Q/Q and decreased 0% to 5% Y/YeMMC+UFS controller sales: 3Q of 2025 increased 20% to 25% Q/Q and increased 35% to 40% Y/YSSD solutions sales: 3Q of 2025 increased 15% to 20% Q/Q and decreased 40% to 45% Y/Y Financial Highlights 3Q 2025 GAAP3Q 2025 Non-GAAP*• Net sales$242.0 million (+22% Q/Q, +14% Y/Y)$242.0 million (+22% Q/Q, +14% Y/Y)• Gross margin48.6%48.7%• Operating margin12.1%15.8%• Earnings per diluted ADS$1.16$1.00 * Please see reconciliations of U.S. Generally Accepted Accounting Principles ("GAAP") to all non-GAAP financial
- Silicon Motion Announces Third Quarter 2025 Earnings Conference CallTAIPEI, Taiwan and MILPITAS, Calif., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, plans to release its third quarter 2025 financial results after the market closes on October 30, 2025 and will host a conference call on October 31 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call. CONFERENCE CALL DETAILS:Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access
- Silicon Motion Announces Results for the Period Ended June 30, 2025Business Highlights Second quarter of 2025 sales increased 19% Q/Q and decreased 6% Y/Y SSD controller sales: 2Q of 2025 increased 0% to 5% Q/Q and decreased 15% to 20% Y/YeMMC+UFS controller sales: 2Q of 2025 increased 40% to 45% Q/Q and increased 10% to 15% Y/YSSD solutions sales: 2Q of 2025 increased 0% to 5% Q/Q and decreased 45% to 50% Y/Y Financial Highlights 2Q 2025 GAAP2
- Silicon Motion Announces Second Quarter 2025 Earnings Conference CallTAIPEI, Taiwan and MILPITAS, Calif., July 08, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, plans to release its second quarter 2025 financial results after the market closes on July 30, 2025 and will host a conference call on July 31 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call. CONFERENCE CALL DETAILS: Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique acc
- Silicon Motion Announces Results for the Period Ended March 31, 2025Business Highlights First quarter of 2025 sales decreased 13% Q/Q and decreased 12% Y/YSSD controller sales: 1Q of 2025 decreased 10% to 15% Q/Q and decreased 20% to 25% Y/YeMMC+UFS controller sales: 1Q of 2025 decreased 15% to 20% Q/Q and decreased 0% to 5% Y/Y SSD solutions sales: 1Q of 2025 decreased 20% to 25% Q/Q and decreased 35% to 40% Y/YAnnounced new $50 million share repurchase programFinancial Highlights 1Q 2025 GAAP 1Q 2025 Non-GAAP* Net sales $166.5 million (-13% Q/Q, -12% Y/Y) $166.5 million (-13% Q/Q, -12% Y/Y) Gross margin 47.1 % 47.1 % Operating margin 5.9 % 8.9 % Earnings per diluted ADS $0.58 $0.60 * Please see supplemental reconciliations of U.S. Generally Acc
- Silicon Motion Announces Results for the Period Ended March 31, 2025Business Highlights First quarter of 2025 sales decreased 13% Q/Q and decreased 12% Y/Y SSD controller sales: 1Q of 2025 decreased 10% to 15% Q/Q and decreased 20% to 25% Y/YeMMC+UFS controller sales: 1Q of 2025 decreased 15% to 20% Q/Q and decreased 0% to 5% Y/YSSD solutions sales: 1Q of 2025 decreased 20% to 25% Q/Q and decreased 35% to 40% Y/Y Announced new $50 million share repurchase program Financial Highlights 1Q 2025 GAAP1Q 2025 Non-GAAP* • Net sales$166.5 million (-13% Q/Q, -12% Y/Y)$166.5 million (-13% Q/Q, -12% Y/Y) • Gross margin47.1%47.1% • Operating margin5.9%8.9% • Earnings per diluted ADS$0.58$0.60 * Please see supple
- Silicon Motion Announces First Quarter 2025 Earnings Conference CallTAIPEI, Taiwan and MILPITAS, Calif., April 09, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, plans to release its first quarter 2025 financial results after the market closes on April 29, 2025 and will host a conference call on April 30 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below to participate in the live call. CONFERENCE CALL DETAILS: Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique acces
- Silicon Motion Announces Preliminary Fourth Quarter 2024 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ: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 at the low end of its original guidance range of $191 million to $202 million, which the Company issued on October 31, 2024. Gross margin (non-GAAP) is expected to be near the mid-point of the Company's original 46.5% to 47.5% guidance range. The Company will release its fourth quarter 2024 financial results after the market closes on February 5, 2025 and
- Silicon Motion Announces Preliminary Third Quarter 2024 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., Oct. 08, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary third quarter financial results, sequential revenue growth is expected to be above the midpoint of its original guidance range of $205 million to $216 million, which the company issued on August 2, 2024. Gross margin (non-GAAP) is expected to be in the upper half of the company's original 46.0% to 47.0% guidance range. The Company will release its third quarter 2024 financial results after the market closes on October
- Silicon Motion Announces Results for the Period Ended June 30, 2024Business Highlights Second quarter of 2024 sales increased 11% Q/Q and increased 50% Y/Y SSD controller sales: 2Q of 2024 increased 0% to 5% Q/Q and increased 25% to 30% Y/YeMMC+UFS controller sales: 2Q of 2024 increased 25% to 30% Q/Q and increased 190% to 195% Y/YSSD solutions sales: 2Q of 2024 increased 20% to 25% Q/Q and decreased 5% to 10% Y/Y Financial Highlights 2Q 2024 GAAP2Q 2024 Non-GAAP• Net sales$210.7 million (+11% Q/Q, +50% Y/Y)$210.7 million (+11% Q/Q, +50% Y/Y)• Gross margin45.9%46.0%• Operating margin14.6%16.5%• Earnings per diluted ADS$0.91 $0.96 TAIPEI, Taiwan and MILPITAS, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIM
- Silicon Motion Announces Preliminary Second Quarter 2024 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., July 08, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary second quarter financial results, sequential revenue growth is expected to be slightly above the high-end of its original guidance range of $199 million to $208 million, which the company issued on May 3, 2024. Gross margin (non-GAAP) is expected to be near the high-end of the company's original 45.0% to 46.0% guidance range. The Company will release its second quarter 2024 financial results after the market closes o
- Silicon Motion Announces Results for the Period Ended March 31, 2024Business Highlights First quarter of 2024 sales decreased 6% Q/Q and increased 53% Y/Y SSD controller sales: 1Q of 2024 increased 0% to 5% Q/Q and increased 35% to 40% Y/YeMMC+UFS controller sales: 1Q of 2024 decreased 10% to 15% Q/Q and increased 235% to 240% Y/YSSD solutions sales: 1Q of 2024 decreased 5% to 10% Q/Q and decreased 30% to 35% Y/Y Financial Highlights 1Q 2024 GAAP1Q 2024 Non-GAAP • Net sales$189.3 million (-6% Q/Q, +53% Y/Y)$189.3 million (-6% Q/Q, +53% Y/Y) • Gross margin45.0%45.0% • Operating margin9.5%12.0% • Earnings per diluted ADS$0.48 $0.64 TAIPEI, Taiwan and MILPITAS, Calif., May 03, 2024 (GLOBE NEWSWIRE) -- Silicon Motio
- Silicon Motion Announces Preliminary First Quarter 2024 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary first quarter financial results, sequential revenue growth is expected to be slightly above the high-end of its original guidance range of $172 million to $182 million, which the company issued on February 7, 2024. Gross margin (non-GAAP) is expected to be near the high-end of the company's original 44.0% to 45.0% guidance range. The Company will release its first quarter 2024 financial results after the market cl
- Silicon Motion Announces Results for the Period Ended December 31, 2023Business Highlights Fourth quarter sales increased 17% Q/Q and increased 1% Y/Y SSD controller sales: 4Q increased 15% to 20% Q/Q and increased 0% to 5% Y/YeMMC+UFS controller sales: 4Q increased 25% to 30% Q/Q and increased 20% to 25% Y/YSSD solutions sales: 4Q decreased 5% to 10% Q/Q and decreased 45% to 50% Y/Y Announced annual cash dividend of $2.00 per ADS Financial Highlights 4Q 2023 GAAP4Q 2023 Non-GAAP• Net sales$202.4 million (+17% Q/Q, +1% Y/Y)$202.4 million (+17% Q/Q, +1% Y/Y)• Gross margin43.7%44.1%• Operating margin8.7%13.8%• Earnings per diluted ADS$0.63$0.93 Full Year 2023 GAAPFull Year 2023 Non-GAAP• Net sales$639.1 million (-32% Y/Y)$639.1 million (-3
- Silicon Motion Announces Preliminary Fourth Quarter 2023 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., Jan. 05, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ: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, sequential revenue growth is expected to slightly exceed the high-end of its original guidance range of 10% to 15%, which the company issued on November 2, 2023. Gross margin (non-GAAP) is also expected to exceed the high-end the company's original 42.5% to 43.5% guidance range. The Company will release its fourth quarter 2023 financial results after the market closes on February 6
- Silicon Motion Announces Results for the Period Ended September 30, 2023Business Highlights Third quarter sales increased 23% Q/Q and decreased 31% Y/Y SSD controller sales: 3Q increased 5% to 10% Q/Q and decreased 10% to 15% Y/YeMMC+UFS controller sales: 3Q increased 100% to 105% Q/Q and decreased 40% to 45% Y/YSSD solutions sales: 3Q decreased 5% to 10% Q/Q and decreased 30% to 35% Y/Y Financial Highlights 3Q 2023 GAAP3Q 2023 Non-GAAP• Net sales$172.3 million (+23% Q/Q, -31% Y/Y)$172.3 million (+23% Q/Q, -31% Y/Y)• Gross margin42.4%42.5%• Operating margin8.7%13.8%• Earnings per diluted ADS$0.32$0.63 TAIPEI, Taiwan and MILPITAS, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion", the "Co
- Silicon Motion Announces Preliminary Third Quarter 2023 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary third quarter financial results, sequential revenue growth is expected to be slightly above the high-end of its original guidance range of 15% to 20%, which the company issued on July 28, 2023. Gross margin (non-GAAP) is expected to be similar sequentially and in-line with the original guidance range. The Company will release its third quarter 2023 financial results after the market closes on November 1, 2023 and
- Silicon Motion Announces Results for the Period Ended June 30, 2023Business Highlights Second quarter sales increased 13% Q/Q and decreased 44% Y/Y SSD controller sales: 2Q increased 5% to 10% Q/Q and decreased 30% to 35% Y/YeMMC+UFS controller sales: 2Q increased 45% to 50% Q/Q and decreased 65% to 70% Y/YSSD solutions sales: 2Q decreased 5% to 10% Q/Q and decreased 25% to 30% Y/Y Financial Highlights 2Q 2023 GAAP2Q 2023 Non-GAAP Net sales $140.4 million (+13% Q/Q, -44% Y/Y)$140.4 million (+13% Q/Q, -44% Y/Y) Gross margin 40.2%42.5% Operating margin 1.3%8.3% Earnings per diluted ADS $0.33$0.38 TAIPEI, Taiwan and MILPITAS, Calif., July 27, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion", the "Company" or
- Silicon Motion To Release Second Quarter 2023 Financial Results on July 27TAIPEI, Taiwan and MILPITAS, Calif., July 06, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that it will release its second quarter 2023 financial results after the market closes on July 27, 2023. The company will not be conducting its customary earnings conference call due to restrictions associated with the Transaction with MaxLinear, and thus will not be providing updates regarding the Transaction or additional financial details or guidance beyond what will be made available in the earnings press release. Any further material informatio
- Silicon Motion Announces Results for the Period Ended March 31, 2023Business Highlights First quarter sales decreased 38% Q/Q and 49% Y/Y SSD controller sales: 1Q decreased 20% to 25% Q/Q and 35% to 40% Y/YeMMC+UFS controller sales: 1Q decreased 70% to 75% Q/Q and 75% to 80% Y/YSSD solutions sales: 1Q decreased 30% to 35% Q/Q and approximately flat Y/Y Financial Highlights 1Q 2023 GAAP1Q 2023 Non-GAAP • Net sales$124.1 million (-38% Q/Q, -49% Y/Y)$124.1 million (-38% Q/Q, -49% Y/Y) • Gross margin42.2%42.3% • Operating margin4.4%10.4% • Earnings per diluted ADS$0.30$0.33 TAIPEI, Taiwan and MILPITAS, Calif., May 05, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion", the "Company" or "we") today
- Silicon Motion To Release First Quarter 2023 Financial Results on May 4TAIPEI, Taiwan and MILPITAS, Calif., April 07, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that it will release its first quarter 2023 financial results after the market closes on May 4, 2023. The company will not be conducting its customary earnings conference call due to restrictions associated with the Transaction with MaxLinear, and thus will not be providing updates regarding the Transaction or additional financial details or guidance beyond what will be made available in the earnings press release. Any further material information
- Silicon Motion Announces Results for the Period Ended December 31, 2022Business Highlights Fourth quarter sales decreased 20% Q/Q and 24% Y/Y and FY2022 sales grew 3% Y/Y SSD controller sales: 4Q approximately flat Q/Q and FY2022 decreased 5% to 10% Y/YeMMC+UFS controller sales: 4Q decreased 35% to 40% Q/Q and FY2022 grew 15% to 20% Y/YSSD solutions sales: 4Q grew 20% to 25% Q/Q and FY2022 grew 30% to 35% Y/Y Both SSD and eMMC+UFS controllers outperformed PC and smartphone markets30% FY2022 SSD controller sales growth into the PC OEM market Financial Highlights 4Q 2022 GAAP4Q 2022 Non-GAAP • Net sales$200.8 million (-20% Q/Q, -24% Y/Y)$200.8 million (-20% Q/Q, -24% Y/Y) • Gross margin43.3%47.4% • Operating margin12.5%23.2% • Earnings per diluted ADS$0.7
- Silicon Motion To Release Fourth Quarter 2022 Financial Results on February 7TAIPEI, Taiwan and MILPITAS, Calif., Jan. 05, 2023 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that it will release its fourth quarter 2022 financial results after the market closes on February 7, 2023. The company will not be conducting its customary earnings conference call due to restrictions associated with the Transaction with MaxLinear, and thus will not be providing updates regarding the Transaction or additional financial details or guidance beyond what will be made available in the earnings press release. Any further material informa
- Silicon Motion Announces Results for the Period Ended September 30, 2022Business Highlights Sales declined 1% Q/Q and Y/Y SSD controller sales declined 15% to 20% both Q/Q and Y/YeMMC+UFS controller sales increased 5% to 10% both Q/Q and Y/YSSD solutions sales declined 5% to 10% Q/Q and increased 15% to 20% Y/Y Demo'd MonTitan™ enterprise-class PCIe Gen5 SM8366 SSD controller at OCP Global SummitOn Aug 31, securityholders at the Company's EGM approved acquisition by MaxLinear; closing of the Transaction is subject to certain customary closing conditions, including regulatory approval from SAMR Financial Highlights 3Q 2022 GAAP3Q 2022 Non-GAAP• Net sales$250.8 million (-1% Q/Q, -1% Y/Y)$250.8 million (-1% Q/Q, -1% Y/Y)• Gross margin47.5%47.6%• Op
- Silicon Motion To Release Third Quarter 2022 Financial Results on November 1TAIPEI, Taiwan and MILPITAS, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that it will release its third quarter 2022 financial results after the market closes on November 1, 2022. The company will not be conducting its customary earnings conference call due to restrictions associated with the pending merger with MaxLinear, and thus will not be providing updates regarding the transaction or additional financial details or guidance beyond what will be made available in the earnings press release. Any further material infor
- Silicon Motion Announces Results for the Period Ended June 30, 2022Business Highlights Sales grew 4% Q/Q and 14% Y/Y SSD controller sales declined 0% to 5% both Q/Q and Y/YeMMC+UFS controller sales increased 5% to 10% Q/Q and 55% to 60% Y/YSSD solutions sales increased 25% to 30% Q/Q and 30% to 35% Y/Y On May 5, we announced our pending sale to MaxLinear Financial Highlights 2Q 2022 GAAP2Q 2022 Non-GAAP • Net sales$252.4 million (+4% Q/Q, +14% Y/Y)$252.4 million (+4% Q/Q, +14% Y/Y) • Gross margin52.9%53.0% • Operating margin26.6%30.5% • Earnings per diluted ADS$1.55$1.88 TAIPEI, Taiwan and MILPITAS, Calif., July 28, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or
- Silicon Motion To Release Second Quarter 2022 Financial Results on July 27TAIPEI, Taiwan and MILPITAS, Calif., July 07, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that it will release its second quarter 2022 financial results after the market closes on July 27, 2022. The company will not be conducting its customary earnings conference call due to restrictions associated with the pending merger with MaxLinear, and thus will not be providing updates regarding the transaction or additional financial details or guidance beyond what will be made available in the earnings press release. Any further material informa
- Silicon Motion Announces Results for the Period Ended March 31, 2022Business Highlights Sales exceeded the high end of guidance SSD controller sales declined 15% to 20% Q/Q and increased 25% to 30% Y/YeMMC+UFS controller sales declined 0% to 5% Q/Q and increased 60% to 65% Y/YSSD solutions sales decreased 5% to 10% Q/Q and increased 40% to 45% Y/Y Gross margin exceeded the high end of guidance due to a stronger sales mixRepurchased $100 million of ADSs at an average price of $80.19, returning $150 million to shareholders since the program was announced last December Financial Highlights 1Q 2022 GAAP1Q 2022 Non-GAAP• Net sales$242.0 million (-8% Q/Q, +33% Y/Y)$242.0 million (-8% Q/Q, +33
- MaxLinear to Acquire Silicon MotionCreates transformative scale and a highly profitable $2+ billion revenue semiconductor company Addition of Silicon Motion's NAND flash controller technology and customer relationships complements MaxLinear's leadership in Broadband, Connectivity, and Infrastructure markets Business combination roughly doubles MaxLinear's total addressable market opportunity to $15 billion and creates a top-ten fabless semiconductor supplier Synergistic technology combination accelerates strategic infrastructure growth across compute, networking, and storage domains Acquisition expected to be immediately and materially accretive to Operating Income, Operating Margin, Earnings per Share, and Cash Flo
- Silicon Motion Announces Preliminary First Quarter 2022 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., April 08, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary first quarter financial results, sequential revenue growth is expected to be slightly above the high-end of its original guidance range of $225 million to $238 million, which the company issued on January 27, 2022. Gross margin (non-GAAP) is expected to be approximately 52%, above the company's original 49.5% to 51.5% guidance range. The Company will release its first quarter 2022 financial results after the market cl
- Silicon Motion Announces Results for the Period Ended December 31, 2021Financial Highlights 4Q 2021 GAAP4Q 2021 Non-GAAP Net sales $264.4 million (+4% Q/Q, +84% Y/Y)$264.4 million (+4% Q/Q, +84% Y/Y) Gross margin 49.6%49.9% Operating margin 27.3%30.9% Earnings per diluted ADS $1.73$1.90 Full Year 2021 GAAPFull Year 2021 Non-GAAP Net sales $922.1 million (+71% Y/Y)$922.1 million (+71% Y/Y) Gross margin 50.0%50.4% Operating margin 26.7%29.2% Earnings per diluted ADS $5.71$6.21 Business Highlights Achieved all-time records for full-year revenue and earnings per shareSales of SSD controllers reached new record quarterly highSSD controller sales: 4Q increased 15% to 20% Q/Q and FY2021 increased 75% to 80% Y/YeMMC+UFS controller sales: 4Q de
- Silicon Motion Announces Preliminary Fourth Quarter 2021 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., Jan. 07, 2022 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ: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, sequential revenue growth is expected to be in the upper half of its original guidance of 0% to 5%, which the company issued on October 28, 2021. Gross margin (non-GAAP) is expected to be in the upper half of the company's original 48.5% to 50.5% guidance range. The Company will release its fourth quarter 2021 financial results after the market closes on January 26, 2022 and will hos
- Silicon Motion Announces Results for the Period Ended September 30, 2021Financial Highlights 3Q 2021 GAAP3Q 2021 Non-GAAP Net sales $254.2 million (+15% Q/Q, +102% Y/Y)$254.2 million (+15% Q/Q, +102% Y/Y) Gross margin 50.0%50.2% Operating margin 27.1%29.4% Earnings per diluted ADS $1.58$1.70 Business Highlights Achieved third consecutive record quarterly revenue and earnings per shareReached $1 billion in Revenue Run-Rate, a quarter ahead of planSales of eMMC+UFS controllers reached new record quarterly highSSD controller sales approximately flat Q/Q and increased 70% to 75% Y/YeMMC+UFS controller sales increased 60% to 65% Q/Q and increased 305% to 310% Y/YSSD solutions sales increased 0% to 5% Q/Q and declined 0% to 5% Y/YLaunched world's fastest sin
- Silicon Motion Announces Preliminary Third Quarter 2021 Revenue and Earnings Conference Call DetailsTAIPEI, Taiwan and MILPITAS, Calif., Oct. 07, 2021 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO) ("Silicon Motion" or the "Company"), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary third quarter financial results, sequential revenue growth is expected to slightly exceed the high-end of its original guidance of 7.5% to 12.5%, which the company issued on July 30, 2021. Gross margin (non-GAAP) is expected to slightly exceed 50.0% and is within the high-end of the company's original 48.5% to 50.5% guidance range. The Company will release its third quarter 2021 financial results after the market close
- Silicon Motion Announces Results for the Period Ended March 31, 2021Financial Highlights 1Q 2021 GAAP1Q 2021 Non-GAAP•Net sales$182.4 million (+27% Q/Q, +37% Y/Y)$182.4 million (+27% Q/Q, +37% Y/Y)•Gross margin50.0%50.7%•Operating margin24.3%26.6%•Earnings per diluted ADS$0.98$1.11 Business Highlights Achieved all-time record quarterly revenue and EPSSales of SSD and eMMC+UFS controllers both reached record quarterly highsSSD controller sales increased 25% to 30% Q/Q and increased 45% to 50% Y/YeMMC+UFS controller sales increased 30% to 35% Q/Q and increased 50% to 55% Y/YSSD solutions sales increased 0% to 5% Q/Q and declined 40% to 45% Y/Y TAIPEI, Taiwan and MILPITAS, Calif., May 06, 2021 (GLOBE NEWSWIRE) -- Silicon Motion Technolo