Brief: Silicon Motion Posts Q2 EPS Of $0.75

Silicon Motion Technology

30/07/2019 23:11

July 30 (Reuters) - Silicon Motion Technology Corp  SIMO.O :
    * SILICON MOTION ANNOUNCES RESULTS FOR THE PERIOD ENDED JUNE
30,
2019
    * Q2 SALES $98.8 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$98.8
MILLION
    * Q2 NON-GAAP EARNINGS PER SHARE $0.52
    * Q2 GAAP EARNINGS PER SHARE $0.75
    * Q2 EARNINGS PER SHARE ESTIMATE $0.52 -- REFINITIV IBES
DATA
    * EXPECT OUR REVENUES TO CONTINUE GROWING
QUARTER-AFTER-QUARTER
THROUGH BALANCE OF THIS YEAR
    * BELIEVE THAT FULL-YEAR SSD CONTROLLER SHIPMENTS WILL GROW
STRONGLY AND IN-LINE WITH MARKET EXPECTATIONS
    * SEES Q3 OF 2019 GAAP REVENUE $104 MILLION TO $108 MILLION
    * SEES Q3 OF 2019 NON-GAAP REVENUE $104 MILLION TO $108M
MILLION
    * SEES FULL-YEAR 2019 GAAP REVENUE $420 MILLION TO $428
MILLION
    * SEES FULL-YEAR 2019 NON-GAAP REVENUE $410 MILLION TO $418
MILLION
    * FY2019 EARNINGS PER SHARE VIEW $2.87, REVENUE VIEW $467.8
MILLION -- REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE VIEW $0.52, REVENUE VIEW $98.8
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX4VWdw7 
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