Silicon Motion Inc. (SIMO) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Silicon Motion Inc. (SIMO)

SIMO 88.67

-0.2%

Dec 1 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sam who wrote (2672)	7/27/2023 7:37:02 PM
From: Elroy	Read Replies (1) of 2977

SIMO's Q2 looks great considering the developments and accusations. Revenues up from Q1's $124m to $140m. They're guiding Q3 to be up 15%-20%. They say buyers are coming back, and growth looks robust by the end of the year. Q2 was the bottom. Not sure what is wrong with MXL that they aren't moving forward. SIMO has account receivable of $166m and Accounts Payable of $12m - they're going to generate cash up the wazoo going forward. They grew cash by $25m in Q2. I think there was no conference call. Usually a call would happen the next morning, so maybe they'll have one tomorrow, I don't know. I see nothing which helps us understand why MXL is accusing SIMO of breaching it's Agreement commitments.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next