• Silicon Motion Technology Corp SIMO.OQ, SIMO.O is expected to show a fall in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

• The Hong Kong-based company is expected to report a 3.3% decrease in revenue to $195.78 million from $202.38 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data.The company's guidance on January 7 2025, for the period ended December 31, was for revenue of $191.000 million.

• ​LSEG's mean analyst estimate for Silicon Motion Technology Corp is for earnings of 77 cents per share.

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

• The mean earnings estimate of analysts was unchanged in the last three months. ​

• Wall Street's median 12-month price target for Silicon Motion Technology Corp is $70.00​, above​ its last closing price of $54.61. ​​​

The company's guidance on October 30 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD29.796 million and USD33.532 million.The company's guidance on January 7 2025 for the period ended December 31 was for gross profit margin of USD47%.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

This summary was machine generated February 3 at 21:25 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)