Previous close | 73.40 |
Open | 78.82 |
Bid | 73.76 x 100 |
Ask | 74.09 x 100 |
Day's range | 72.79 - 81.60 |
52-week range | 49.50 - 95.33 |
Volume | |
Avg. volume | 379,777 |
Market cap | 2.491B |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | 46.22 |
EPS (TTM) | 1.60 |
Earnings date | 25 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 2.00 (2.70%) |
Ex-dividend date | 08 May 2024 |
1y target est | 83.89 |
Silicon Motion (SIMO) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Silicon Motion (SIMO) delivers impressive Q1 2024 performance backed by solid demand for its SSD controller and eMMC and UFS controller.
Business Highlights First quarter of 2024 sales decreased 6% Q/Q and increased 53% Y/Y SSD controller sales: 1Q of 2024 increased 0% to 5% Q/Q and increased 35% to 40% Y/YeMMC+UFS controller sales: 1Q of 2024 decreased 10% to 15% Q/Q and increased 235% to 240% Y/YSSD solutions sales: 1Q of 2024 decreased 5% to 10% Q/Q and decreased 30% to 35% Y/Y Financial Highlights 1Q 2024 GAAP1Q 2024 Non-GAAP • Net sales$189.3 million (-6% Q/Q, +53% Y/Y)$189.3 million (-6% Q/Q, +53% Y/Y) • Gross margin45.0%45