Silicon Motion Announces Results for the Period Ended December 31, 2023
Silicon Motion(SIMO) Newsfilter·2024-02-07 07:00
Business Highlights Fourth quarter sales increased 17% Q/Q and increased 1% Y/Y SSD controller sales: 4Q increased 15% to 20% Q/Q and increased 0% to 5% Y/Y eMMC+UFS controller sales: 4Q increased 25% to 30% Q/Q and increased 20% to 25% Y/Y SSD solutions sales: 4Q decreased 5% to 10% Q/Q and decreased 45% to 50% Y/Y Announced annual cash dividend of 202.4 million (+17% Q/Q, +1% Y/Y) $202.4 million (+17% Q/Q, +1% Y/Y) • Gross margi ...