Brief: Silicon Motion Reports Q1 Non-GAAP Earnings Per Share $0.42

Silicon Motion Technology

02/05/2019 23:03

May 2 (Reuters) - Silicon Motion Technology Corp  SIMO.O :
    * SILICON MOTION ANNOUNCES RESULTS FOR THE PERIOD ENDED
MARCH 31,
2019
    * Q1 SALES $94.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$98.6
MILLION
    * Q1 NON-GAAP EARNINGS PER SHARE $0.42
    * Q1 GAAP EARNINGS PER SHARE $0.23
    * Q1 EARNINGS PER SHARE ESTIMATE $0.35 -- REFINITIV IBES
DATA
    * ANNOUNCED SALE OF FCI TO DIALOG SEMICONDUCTOR
    * SEES Q2 GAAP REVENUE $100 MILLION TO $109 MILLION
    * FOR FULL-YEAR 2019 BELIEVES IT IS LIKELY THAT GAAP AND
NON-GAAP
REVENUE COULD BE APPROXIMATELY SIMILAR TO 2018
    * SEES Q2 GAAP GROSS MARGIN 48.5% TO 50.5%
    * SEES Q2 NON-GAAP REVENUE $98 MILLION TO $107 MILLION

Source text for Eikon:  ID:nGNX2Nd2SK 
Further company coverage:  SIMO.O 

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