- Based on its preliminary Q4 financial results, Silicon Motion Technology (NASDAQ:SIMO) expects sequential revenue growth in the upper half of its original guidance of 0% to 5% and non-GAAP gross margin in the upper half of its original 48.5% to 50.5% guidance range.
- Silicon Motion is scheduled to announce its Q421 financial results after the market closes on January 26, 2022.
- "Silicon Motion could more than double its revenue by 2030," wrote SA contributor Kolomeets Investments in a recent bullish analysis on the stock.
Silicon Motion sees Q4 sequential revenue growth in upper half of 0%-5% guidance range
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| Symbol | Last Price | % Chg |
|---|---|---|
| SIMO | - | - |
| Silicon Motion Technology Corporation | ||