Brief: Silicon Motion Reports Qtrly Earnings Per Diluted ADS $0.73

Silicon Motion Technology

06/02/2020 23:10

Feb 6 (Reuters) - Silicon Motion Technology Corp  SIMO.O :
    * SILICON MOTION ANNOUNCES RESULTS FOR THE PERIOD ENDED
DECEMBER
31, 2019
    * Q4 SALES $153.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$142.7
MILLION
    * QTRLY EARNINGS PER DILUTED ADS$0.73
    * QTRLY NON GAAP EARNINGS PER DILUTED ADS $0.96
    * Q4 EARNINGS PER SHARE VIEW $0.87 -- REFINITIV IBES DATA
    * THIS YEAR, WE EXPECT ALL THREE OF OUR KEY PRODUCTS TO
CONTRIBUTE
TO OUR OVERALL GROWTH
    * SEES Q1 OF 2020 GAAP REVENUE $130 MILLION TO $138 MILLION
    * ANTICIPATE THAT OUR EMMC+UFS CONTROLLER SALES WILL RETURN
TO
GROWTH THIS YEAR
    * SEES FULL YEAR 2020 GAAP REVENUE $539 MILLION TO $584
MILLION
    * Q1 REVENUE VIEW $122.1 MILLION -- REFINITIV IBES DATA
    * FY2020 REVENUE VIEW $534.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX863pgD 
Further company coverage:  SIMO.O 

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