Key Developments: Silicon Motion Technology Corp (SIMO.O)
10.78USD
24 May 2013
$-0.19 (-1.73%)
$10.97
$10.91
$10.92
$10.76
248,900
454,239
$17.07
$9.90
Latest Key Developments (Source: Significant Developments)
Silicon Motion Technology Corp Issues Q2 2013 Revenue Guidance Below Analysts' Estimates-Conference Call
Silicon Motion Technology Corp announced that for the second quarter of 2013, it expects total revenue excluding LTE to increase 10% to 20% sequentially. Including LTE, revenue should grow 5% to 10% sequentially. 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 $68.12 million for the second quarter of 2013. Full Article
Silicon Motion Technology Corp Announces Quarterly Dividend
Silicon Motion Technology Corp announced that the board of directors have declared the payment of a quarterly dividend of USD0.15 per ADS1, equivalent to USD0.0375 per ordinary share, which will be paid on May 14, 2013 to all shareholders of record on May 6, 2013. Full Article
Silicon Motion Technology Corp Sees Q1 2013 Revenue Guidance To Be Near Midpoint Of Prior Range
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. Full Article
Silicon Motion Technology Corp Issues Q1 2013 Revenue Guidance Below Analysts' Estimates; Issues FY 2013 Revenue Guidance In Line With Analysts' Estimates
Silicon Motion Technology Corp announced that for first quarter of 2013, it expects revenue to be down 15% to 25% sequentially. For fiscal 2013, it expects revenue to be up 10% to 20% as compared with fiscal 2012. The Company reported revenue of $70.6 million for fourth quarter of 2012 and revenue of $281.3 million for fiscal 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $67.9 million for first quarter of 2013 and revenue of $319.0 million for fiscal 2013. Full Article
Silicon Motion Technology Corp Announces New Share Repurchase And Initiates Quarterly Dividend
Silicon Motion Technology Corp announces that its Board of Directors has authorized a new share repurchase program of up to $40 million of its American Depositary Shares (ADS) over a 12 month period. The Company also announced that the board of directors has declared the payment of its first quarterly dividend of $0.15 per ADS which will be paid on March 4, 2013 to all shareholders of record as of February 21, 2013. Full Article
Silicon Motion Technology Corp Issues Q4 2012 Revenue Guidance Below Analysts' Estimates
Silicon Motion Technology Corp announced that for fourth quarter of 2012, it expects revenue to be down 3% to 9% sequentially. The Company reported revenue of $77 million in third quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $77 million for fourth quarter of 2012. Full Article
Silicon Motion Technology Corporation Issues Q3 2012 Revenue Guidance Above Analysts' Estimates; Reaffirms FY 2012 Revenue Guidance
Silicon Motion Technology Corporation announced that for the third quarter of 2012, it expects revenue to be up 5% to 8% sequentially. For fiscal 2012, its previously provided guidance remains unchanged. The Company reported revenue of 69.7 million in the second quarter of 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $72.10 million for the third quarter of 2012 and revenue of $280 for fiscal 2012. Full Article
Silicon Motion Technology Corporation Issues Q2 2012 Revenue Guidance Below Analysts' Estimates; Reaffirms FY 2012 Revenue Guidance
Silicon Motion Technology Corporation announced that for the second quarter of 2012, it expects revenue to be up 0% to 10% sequentially. For fiscal 2012, it expects revenue to be 20% to 30% compared with fiscal 2011. The Company reported net sales of $64.0 million in the first quarter of 2012 and net sales of $224.3 million for fiscal 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $80.57 million for the second quarter of 2012. Full Article
Silicon Motion Technology Corporation Issues Q1, FY 2012 Revenue Guidance Above Analysts' Estimates
Silicon Motion Technology Corporation announced that for the first quarter of 2012, it expects revenue to be down 5% to 15% sequentially. The Company reported net sales of $67.1 million for the fourth quarter of 2011. For fiscal 2012, it expects revenue to be 20% to 30% compared with fiscal 2011. The Company reported net sales of $224.3 million for fiscal 2011. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $56.72 million for the first quarter of 2012; revenue of $261 million for fiscal 2012. Full Article
Silicon Motion Technology Corporation Issues Q4 2011 Revenue Guidance Above Analysts' Estimates; Raises FY 2011 Revenue Guidance
Silicon Motion Technology Corporation announced that for the fourth quarter of 2011, it expects revenue to be flat to down 10% sequentially. For fiscal 2011, it expects revenue to be up 61% to 66% compared with fiscal 2010. The Company reported revenues of $63.2 million in the third quarter of 2011 and revenues of $127.08 in the fiscal 2010. According to I/B/E/S Estimates, analysts were expecting the Company to report revenues of $51.43 million for the fourth quarter of 2011; revenues of $195.65 for fiscal 2011. Full Article
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