Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
Silicon Motion (SIMO)
:SIMO
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.43Last Year’s EPS
0.64Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: 6.43%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights significant achievements in revenue growth, margin improvements, and market expansion, particularly in enterprise SSDs and automotive sectors. However, these positives are balanced by challenges such as weak consumer demand, declining NAND prices, and economic uncertainty impacting short-term revenue. While long-term growth prospects are promising, short-term challenges persist.Company Guidance
During the Silicon Motion Technology Corporation's Q4 2024 earnings call, the company reported a 25% year-over-year revenue growth, surpassing expectations in the semiconductor industry. Gross margins increased from 43% to over 46%, and operating margins improved from 11.9% in 2023 to 15.3% in 2024. They highlighted significant advancements in enterprise SSD and automotive segments, contributing to over 5% of sales. The company anticipates exiting 2025 with an annual revenue run rate close to $1 billion, driven by their PCIe Gen 5 and UFS 4.1 solutions. Looking forward to 2027, Silicon Motion expects 20% of their business to come from new opportunities, including enterprise and automotive markets, reflecting their strategic diversification beyond the maturing PC and smartphone markets.Significant Revenue Growth
Silicon Motion Technology Corporation achieved over 25% revenue growth year-over-year, outperforming the end market it serves.
Improved Gross and Operating Margins
Gross margin improved from 43% to over 46%, and operating margin increased to 15.3%, up from 11.9% in 2023.
New Market Entry and Expansion
The company entered the enterprise SSD market with six customers and began shipments of the Mount Titan product. Automotive business grew to over 5% of sales.
Product Innovations and Wins
Introduced PCIe 5 SSD controller, secured design wins with four NAND makers and several module makers. UFS and eMMC controller business grew by approximately 70% in 2024.
Strong Position in Automotive Market
Achieved ASPICE level 3 certification for PCIe 4.0 controller, securing a lead over competitors and shipping to major tier-one automotive customers.
---
SIMO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
SIMO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | $56.10 | $55.06 | -1.85% |
| Oct 30, 2024 | $54.97 | $52.81 | -3.93% |
| Aug 01, 2024 | $63.12 | $60.82 | -3.64% |
| May 02, 2024 | $70.98 | $71.51 | +0.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Silicon Motion (SIMO) report earnings?
Silicon Motion (SIMO) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Silicon Motion (SIMO) earnings time?
Silicon Motion (SIMO) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SIMO EPS forecast?
SIMO EPS forecast for the fiscal quarter 2025 (Q1) is 0.43.
---