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Silicon Motion Technology Corp Lowers Q2 2013 Revenue Guidance

Tuesday, 2 Jul 2013 08:01am EDT 

Silicon Motion Technology Corp announced that for the second quarter of 2013, it expects revenue to be flat as compared to the revenue for the first quarter, below the Company's original guidance issued on April 26, 2013, of up 5 to 10%. The Company reported revenue of $57.37 million in the first quarter of 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $59.02 million for the second quarter of 2013. 

Company Quote

-0.52 -2.11%
19 Dec 2014