Silicon Motion Technology Corporation (NASDAQ: SIMO) has announced that it will be unveiling its third quarter financial results on Wednesday 30th October 2024. The disclosure is planned to occur after market close.
In accordance with the forecasts of financial specialists on Wall Street, the company is primed to announce an anticipated $0.85 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $209.47 million for this particular period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $818.35 million. Additionally, they are expecting the company to achieve per share profit of $3.46 for the fiscal year.
The per-share income of $0.63 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $172.33 million recorded during that specific period.
SIMO has scheduled a conference call on 31st October 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.
Silicon Motion Technology Corporation (SIMO) closed Monday's regular trading session at $56.70, demonstrating a 1.14 percent rise, with a volume of 233.00 thousand shares.
