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NASDAQ:SIMO

Silicon Motion Technology Q2 2023 Earnings Report

Silicon Motion Technology logo
$49.50 +4.34 (+9.61%)
Closing price 04/30/2025 04:00 PM Eastern
Extended Trading
$50.17 +0.67 (+1.35%)
As of 07:00 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Silicon Motion Technology EPS Results

Actual EPS
$0.33
Consensus EPS
$0.38
Beat/Miss
Missed by -$0.05
One Year Ago EPS
N/A

Silicon Motion Technology Revenue Results

Actual Revenue
$140.36 million
Expected Revenue
$134.93 million
Beat/Miss
Beat by +$5.43 million
YoY Revenue Growth
N/A

Silicon Motion Technology Announcement Details

Quarter
Q2 2023
Time
N/A
Conference Call Date
Friday, July 28, 2023
Conference Call Time
2:15AM ET

Earnings Documents

Silicon Motion Technology Earnings Headlines

What President Trump’s Executive Order 14154 means for your money
Nearly $3 trillion disappeared from the stock market on Thursday morning. According to Whitney Tilson - a former hedge fund manager who predicted the dotcom crash, the housing crisis, and the 2022 tech stock bloodbath - a little-known executive order from the President's first day in office could spark a paradigm-shift that will likely catch millions of Americans off guard.
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About Silicon Motion Technology

Silicon Motion Technology (NASDAQ:SIMO), together with its subsidiaries, designs, develops, and markets NAND flash controllers for solid-state storage devices. The company offers controllers for computing-grade solid state drives (SSDs), which are used in PCs and other client devices; enterprise-grade SSDs used in data centers; eMMC and UFS mobile embedded storage for use in smartphones and IoT devices; flash memory cards and flash drives for use in expandable storage; and specialized SSDs that are used in industrial, commercial, and automotive applications. It markets its controllers under the SMI brand; enterprise-grade SSDs under the Shannon Systems brand; and single-chip industrial-grade SSDs under the FerriSSD, Ferri-eMMC, and Ferri-UFS brands. The company markets and sells its products through direct sales personnel and independent electronics distributors to NAND flash makers, module makers, hyperscalers, and OEMs. It operates in Taiwan, the United States, Korea, China, Malaysia, Singapore, and internationally. The company was founded in 1995 and is based in Hong Kong, Hong Kong.

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