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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 75.52-5.2%Jul 17 3:59 PM EDT

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From: Elroy5/2/2024 3:33:52 PM
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SIMO reports after the close.

SIMO's guidance for Q1 was sales between $172m and $182m with a 44.5% gross margin and 11% operating margin.

SIMO's pre-announcement of Q1 sales and gross margins was sales slightly above $182m and gross margin close to but below 11.5%.

My back of the envelope calculation said EPS should be about 70 cents.

Those results are uninteresting, I wonder what they'll say about Q2? Last call they said they expect to grow sales every quarter in 2024, so sales should go up - question is how much?
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