Silicon Motion Technology Corporation - American Depositary Shares (SIMO)

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SIMO stock results show that Silicon Motion Technology beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

Reporting its first quarter results in early May, Diodes’ Q1 sales of $301.97 million missed estimates by -1% and dropped -35% from $467.24 million a year ago.

SIMO stock results show that Silicon Motion Technology beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

U.S. stocks closed lower on Friday, with the Dow Jones index falling around 475 points during the session.

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The company apparently dodged a large-scale natural disaster on a day when it was tapped as one of an analyst's top picks.

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It's been a drama-filled year for small-cap chip designer SiliconMotion, but better times could be coming.