SIMO Jun 2024 50.000 call
| Previous Close | 24.50 |
| Open | 24.50 |
| Bid | 23.20 |
| Ask | 26.30 |
| Strike | 50.00 |
| Expire Date | 2024-06-21 |
| Day's Range | 24.50 - 24.50 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 1 |
ZacksSilicon Motion's (SIMO) Q1 Earnings & Revenues Top Estimates
Silicon Motion (SIMO) delivers impressive Q1 2024 performance backed by solid demand for its SSD controller and eMMC and UFS controller.
GlobeNewswireSilicon Motion Announces Results for the Period Ended March 31, 2024
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
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