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Stock impact report

Silicon Motion Announces Results for the Period Ended September 30, 2024

Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares (SIMO) 
Last silicon motion technology corporation - american depositary shares, each representing four ordinary shares earnings: 4/28 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.siliconmotion.com
Company Research Source: GlobeNewswire
Business Highlights Third quarter of 2024 sales increased 1% Q/Q and increased 23% Y/Y SSD controller sales: 3Q of 2024 were flat Q/Q and increased 20% to 25% Y/YeMMC+UFS controller sales: 3Q of 2024 increased 0% to 5% Q/Q and increased 40% to 45% Y/YSSD solutions sales: 3Q of 2024 increased 5% to 10% Q/Q and increased 5% to 10% Y/Y Financial Highlights  3Q 2024 GAAP3Q 2024 Non-GAAP• Net sales$212.4 million (+1% Q/Q, +23% Y/Y)$212.4 million (+1% Q/Q, +23% Y/Y)• Gross margin46.7%46.8%• Operating margin11.5%16.1%• Earnings per diluted ADS$0.62$0.92 TAIPEI, Taiwan and MILPITAS, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion,” the “Company” or “we”) today announced its financial results for the quarter ended September 30, 2024 Show less Read more
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