Brief: Silicon Motion Reports Qtrly Earnings Per Diluted ADS Of $0.74

Silicon Motion Technology

28/04/2020 23:33

April 28 (Reuters) - Silicon Motion Technology Corp
 SIMO.O :
    * SILICON MOTION ANNOUNCES RESULTS FOR THE PERIOD ENDED
MARCH 31,
2020
    * QTRLY EARNINGS PER DILUTED ADS $0.74
    * QTRLY  NON-GAAP EARNINGS PER DILUTED ADS $0.80
    * FIRST QUARTER SALES WERE AFFECTED BY THE CORONAVIRUS
OUTBREAK IN
CHINA
    * CONTINUE TO EXPECT SEQUENTIAL SALES GROWTH IN THE SECOND
QUARTER
    * QTRLY  REVENUE $132.8 MILLION VERSUS $94.7 MILLION
    * NOT PROVIDING FULL-YEAR GUIDANCE AT THIS TIME DUE TO
LIMITED
VISIBILITY IN THE SECOND HALF OF THIS YEAR
    * SEES Q2 REVENUE IN RANGE OF $133 MILLION TO $143 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.67, REVENUE VIEW $131.1
MILLION --
REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE VIEW $0.72, REVENUE VIEW $132.4
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX5JryWL 
Further company coverage:  SIMO.O 

 ((Reuters.Briefs@thomsonreuters.com;))