Silicon Motion (SIMO) Preliminary Q2 Results Show Revenue Growth

Silicon Motion Technology Corporation (SIMO) recently released its preliminary second-quarter 2024 results, providing insights into its business operations amidst a challenging macroeconomic environment. The company is scheduled to release second-quarter results on Aug 1.In the second quarter, Silicon Motion expected record revenues, slightly above the high-end of its guidance level of $199 million to $208 million. This indicates solid growth from $140.4 million reported in the year-ago quarter. The company ...