Silicon Motion Tech (SIMO) Tops Q4 EPS by 9c; Sees Lower Q1 Revs

January 28, 2014 6:50 AM EST
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Silicon Motion Tech (NASDAQ: SIMO) reported Q4 EPS of $0.30, $0.09 better than the analyst estimate of $0.21. Revenue for the quarter came in at $52.5 million versus the consensus estimate of $51.82 million.

For the first quarter of 2014, management expects:

-- Revenue to be down 0% to 10% sequentially
-- Gross margin (non-GAAP) to be in the 48% to 50% range
-- Operating expenses (non-GAAP) of approximately US$16 to US$18 million

For the full year 2014, management expects:

-- Revenue to increase 5% to 15% as compared to full-year 2013
-- Gross margin (non-GAAP) to be in the 48% to 50% range
-- Operating expenses (non-GAAP) of approximately US$70 to US$75 million

For earnings history and earnings-related data on Silicon Motion Tech (SIMO) click here.


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