Silicon Motion Technology Corporation (NASDAQ:SIMO) management will conduct a conference call for 3rd November 2020 at 8:00 AM Eastern Time to discuss financial results and companys performance for 3Q20.
The company released its quarterly earnings, after the market close on Monday 2nd November 2020
The conference call will also be available live on the website www.siliconmotion.com
Earnings Expectation
Silicon Motion Technology Corporation is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, SIMO is expected to report 3Q20 income of $ 0.67 per share from revenue of $ 120.05 million.
For the full year, analysts anticipate top line of $ 517.93 million, while looking forward to income of $ 2.88 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 126.00 million ~ $ 126.00 million
Full Year 2020 topline are forecasted in a range of$ 508.00 million ~ $ 521.00 million
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Silicon Motion Technology Corporation, together with its subsidiaries, designs, develops, and markets semiconductor solutions for the mobile and enterprise storage, and mobile communications markets worldwide. It offers embedded storage and expandable storage products, including NAND flash controllers, such as embedded multimediacard (eMMC), universal flash storage, client solid-state drive (SSD), secure digital card, flash memory card controller, and universal serial bus flash drive controller products. The company also provides specialty storage solutions, such as customized enterprise-grade peripheral component interconnect express SSDs; and industrial-grade and commercial-grade single-chip SSDs.