Silicon Motion Announces Results for the Period Ended June 30, 2024


Société de technologie de mouvement de silicium (NasdaqGS: SIMO) (“Mouvement de silicium,” le “Société” ou “nous”) today announced its financial results for the quarter ended June 30, 2024. For the second quarter of 2024, ventes nettes (millions aux fins du calcul de l'exercice) increased sequentially to $210.7 millions de $189.3 million in the first quarter of 2024. Recettes nettes totales (millions aux fins du calcul de l'exercice) increased to $30.8 millions, ou $0.91 per diluted American Depositary Share of the Company (“LES PUBLICITÉS”) (millions aux fins du calcul de l'exercice), du revenu net (millions aux fins du calcul de l'exercice) of $16.0 millions, ou $0.48 par ADS dilué (millions aux fins du calcul de l'exercice), in the first quarter of 2024.

For the second quarter of 2024, revenu net (non conformes aux PCGR) increased to $32.5 millions, ou $0.96 par ADS dilué (non conformes aux PCGR), du revenu net (non conformes aux PCGR) of $21.6 millions, ou $0.64 par ADS dilué (non conformes aux PCGR), in the first quarter of 2024.

All financial numbers are in U.S. dollars unless otherwise noted.

Second Quarter of 2024 Passez en revue
Our business was strong in the second quarter of 2024, with revenue above the high-end of our guided range and gross margins at the high-end of expectations,” said Wallace Kou, President and CEO of Silicon Motion. “Our SSD controller revenue increased for the fifth consecutive quarter and strength from our eMMC and UFS business accelerated as smartphone OEMs build in anticipation for a seasonally stronger second half and modest handset industry growth this year. The first half of the year was a strong start to 2024, and we remain confident that our increasing share with flash makers and expanding product portfolio will continue to grow our business and profitability throughout this year.

During the second quarter of 2024, nous avons eu $10.4 millions de dépenses en capital, y compris $6.3 millions pour l'achat courant d'équipements de test, Logiciel, outils de conception et autres éléments, et $4.1 millions pour la construction de bâtiments à Hsinchu.

Perspectives commerciales

Our new programs with our flash maker customers are expected to further scale throughout this year as the move to increase outsourcing continues to build the foundation for the long-term revenue and profitability growth of our business,” said Wallace Kou, President and CEO of Silicon Motion. “Our highly differentiated controller solutions for PCs and smartphones deliver high performance, higher density and lower cost solid state storage to enable cutting edge applications such as AI-at-the-edge. Despite the softness in the retail SSD market that is evident across the industry, we are confident that we can achieve our previous full-year outlook based on the ongoing strength of our growing NAND OEM business.

For the third quarter of 2024, management expects:

Pour l'année complète 2024, management expects: