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Silicon Motion Technology Corp Sees Q1 2013 Revenue Guidance To Be Near Midpoint Of Prior Range

Monday, 1 Apr 2013 06:30am EDT 

Silicon Motion Technology Corp announced that based upon its preliminary financial results, revenue for the first quarter of 2013 is expected to be near the midpoint of its guidance range of down 15% to 25% as compared to the revenue for the fourth quarter of 2012 and in-line with revenue guidance that was issued on February 5, 2013. The Company reported revenue of $70.6 million for fourth quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $56 million for the first quarter of 2013. 

Company Quote

0.5 +2.07%
18 Dec 2014