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Technology Stocks : Silicon Motion Inc. (SIMO) -- Ignore unavailable to you. Want to Upgrade?


To: franklin1 who wrote (2070)7/14/2019 5:24:16 AM
From: Elroy  Respond to of 2549
 
Looks like Q2 revenues are a bit below expectations, while Q2 gross margins a bit above.....

Here's the key sentence from the Q1 press release:

For full-year 2019, management believes it is likely that GAAP and Non-GAAP Revenue could be approximately similar to 2018 and Gross Margin and Operating Margin to be approximately similar to the prior year if product mix remains unchanged.


How H2 plays out remains a mystery. Guidance for Q3 will be interesting.