Brief: Silicon Motion Announces Results For The Period Ended December 31, 2018

Silicon Motion Technology

29/01/2019 23:31

Silicon Motion Technology Corp  SIMO.O :
    * SILICON MOTION ANNOUNCES RESULTS FOR THE PERIOD ENDED
DECEMBER
31, 2018
    * Q4 SALES $123.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$122.8
MILLION
    * Q4 NON-GAAP EARNINGS PER SHARE $0.83
    * Q4 GAAP EARNINGS PER SHARE $0.48
    * Q4 EARNINGS PER SHARE ESTIMATE $0.82 -- REFINITIV IBES
DATA
    * EXPECT NAND PRICES TO CONTINUE FALLING THROUGH 2019
    * SEES Q1 GAAP REVENUE $97.5M TO $103.6M
    * SEES Q1 GAAP OPERATING MARGIN 6.8% TO 11.2%
    * SEES Q1 GROSS MARGIN 46.9% TO 49.9%
    * SEES Q1 NON-GAAP OPERATING MARGIN 12.0% TO 16.0%
    * Q1 REVENUE VIEW $119.7 MILLION -- REFINITIV IBES DATA
    * SEES Q1 NON-GAAP GROSS MARGIN 47.0% TO 50.0%

Source text for Eikon:  ID:nGNX7RDk4D 
Further company coverage:  SIMO.O