Silicon Motion Announces Results for the Period Ended December 31, 2016

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Needham & Company Reiterates Buy on Silicon Motion Technology (SIMO) Following 4Q Report

January 24, 2017 1:46 PM EST

Needham & Company reiterated a Buy rating and $60.00 price target on Silicon Motion Technology (NASDAQ: SIMO) following the company's 4Q report and guidance update. Silicon Motions 4Q results came in at: $144.2 million in revenue, slightly above the $141.9 consensus. $0.95 Non-GAAP EPS was above the consensus estimate of $0.90.... More

Silicon Motion Technology (SIMO) Tops Q4 EPS by 15c; Guides Below the Street

January 24, 2017 7:43 AM EST

Silicon Motion Technology (NASDAQ: SIMO) reported Q4 EPS of $0.95, $0.15 better than the analyst estimate of $0.80. Revenue for the quarter came in at $144.2 million versus the consensus estimate of $135.3 million.

GUIDANCE:

Silicon Motion Technology sees Q1 2017 revenue of $121-128 million, versus the... More