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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 576.56+6.4%3:59 PM EST
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To: Sam who wrote (4820)10/30/2025 5:26:48 PM
From: Elroy1 Recommendation

Recommended By
Lance Bredvold

  Read Replies (1) of 4846
 
the storage company reported fiscal first-quarter results and guidance that topped estimates by a wide margin

Sales beat the estimate by 3.5% and the midpoint of sales guidance for next quarter is ahead of the current next quarter sales forecast by 2.5%.

I'd call that a rounding error.

Why the market loves these "modest" beats is beyond me.

In about half an hour SIMO is probably going to beat sales guidance by 10%, and guide next quarter up a decent amount, and SIMO will probably decline in share price as a result......
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