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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 112.58-0.7%Jan 16 3:59 PM EST

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To: Elroy who wrote (22)4/28/2011 8:16:49 PM
From: Elroy  Read Replies (1) of 2992
 
6:10PM Silicon Motion beats by $0.05, beats on revs; guides Q2 revs above consensus; guides FY11 revs above consensus (SIMO) 11.16 -0.25 : Reports Q1 (Mar) earnings of $0.18 per share, $0.05 better than the Thomson Reuters consensus of $0.13; revenues rose 66.9% year/year to $43.4 mln vs the $37.9 mln consensus. Co issues upside guidance for Q2, sees Q2 revs growth flat to up 10% sequentially, which calculates to ~$43.4-47.7 mln vs. $39.71 mln Thomson Reuters consensus. Co issues upside guidance for FY11, sees FY11 revs growth of 30-40%, which calculates to ~$172.1-185.4 mln vs. $165.84 mln Thomson Reuters consensus.
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