Silicon Motion Announces Results for the Period Ended December 31, 2017

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Silicon Motion Technology (SIMO) PT Lowered to $44 at Susquehanna

February 7, 2018 11:22 AM EST

Susquehanna lowered its price target on Silicon Motion Technology (NASDAQ: SIMO) to $44.00 (from $48.00) while maintaining a Neutral rating.

Analyst Mehdi Hosseini commented, "SIMO's report and guide relatively consistent with our Jan 16 downgrade (link) as we do not envision NAND availability... More

Silicon Motion Technology (SIMO) Tops Q4 EPS by 17c; Guides Revs In-Line

February 6, 2018 6:03 PM EST

Silicon Motion Technology (NASDAQ: SIMO) reported Q4 EPS of $0.79, $0.17 better than the analyst estimate of $0.62. Revenue for the quarter came in at $136.2 million versus the consensus estimate of $134.26 million.

GUIDANCE:

Silicon Motion Technology sees Q1 2018 revenue of $127-132 million, versus the... More