Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...

Silicon Motion (SIMO) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this chip company have returned +2.4%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Electronics - Semiconductors industry, which Silicon Motion falls in, has gained 6.9%. The key question now is: What could be the stock's future direction?Al ...

Shares of Silicon Motion (SIMO) have gained 1.8% over the past four weeks to close the last trading session at $75.13, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $94.33 indicates a potential upside of 25.6%.The average comprises nine short-term price targets ranging from a low of $85 to a high of $110, with a standard deviation of $8.26. While the lowest estimate indicates ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Silicon Motion (SIMO) .Silicon Motion currently has an average brokerage r ...

Silicon Motion Technology Corporation (NASDAQ:SIMO) Q1 2024 Earnings Conference Call May 3, 2024 8:00 AM ET Company Participants Wallace Kou - President, Chief Executive Officer Jason Tsai - interim Chief Financial Officer Conference Call Participants Mehdi Hosseini - SIG Quinn Bolton - Needham & Co. Craig Ellis - B. Riley Securities Suji Desilva - Roth MKM Matt Bryson - Wedbush Securities Operator Goo day and thank you for standing by. Welcome to the Silicon Motion Technology Corporation’s first quarter 20 ...

Exhibit 99.1 Silicon Motion Announces Results for the Period Ended March 31, 2024 NEWS RELEASE Business Highlights • First quarter of 2024 sales decreased 6% Q/Q and increased 53% Y/Y • SSD controller sales: 1Q of 2024 increased 0% to 5% Q/Q and increased 35% to 40% Y/Y • eMMC+UFS controller sales: 1Q of 2024 decreased 10% to 15% Q/Q and increased 235% to 240% Y/Y • SSD solutions sales: 1Q of 2024 decreased 5% to 10% Q/Q and decreased 30% to 35% Y/Y Financial Highlights | --- | --- | --- | --- | |-------|-- ...

, May 03, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) "Silicon Motion"""Silicon Motion Jason Tsai 2024 4 25 Riyadh Lai Jason Tsai 2024 4 25 Riyadh Lai Silicon Motion Wallace Kou " Riyadh Silicon Motion 17 Riyadh " Kou "Jason Jason 10 " SILICON MOTION NAND eMMC UFS NAND Silicon Motion www.siliconmotion.com Selina Hsieh ir@siliconmotion.com ...

Business Highlights First quarter of 2024 sales decreased 6% Q/Q and increased 53% Y/Y SSD controller sales: 1Q of 2024 increased 0% to 5% Q/Q and increased 35% to 40% Y/YeMMC+UFS controller sales: 1Q of 2024 decreased 10% to 15% Q/Q and increased 235% to 240% Y/YSSD solutions sales: 1Q of 2024 decreased 5% to 10% Q/Q and decreased 30% to 35% Y/Y Financial Highlights  1Q 2024 GAAP1Q 2024 Non-GAAP • Net sales$189.3 million (-6% Q/Q, +53% Y/Y)$189.3 million (-6% Q/Q, +53% Y/Y) • Gross margin45.0%45.0% • Oper ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE AC ...

TAIPEI, Taiwan and MILPITAS, Calif., April 29, 2024 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation (NASDAQ:SIMO)("Silicon Motion" or the "Company"), a global leader in designing and marketing NAND flash controllers for solid state storage devices, confirms today its quarterly cash dividend. On October 30, 2023, the Board of Directors of the Company declared payment of an annual dividend of US$2.00 per ADS1, equivalent to US$0.50 per ordinary share, which will be paid in four quarterly installment ...