Silicon Motion Announces Results for the Period Ended December 31, 2024
Business Highlights Fourth quarter of 2024 sales decreased 10% Q/Q and decreased 6% Y/Y SSD controller sales: 4Q of 2024 decreased 5% to 10% Q/Q and decreased 5% to 10% Y/YeMMC+UFS controller sales: 4Q of 2024 decreased 10% to 15% Q/Q and were flat Y/YSSD solutions sales: 4Q of 2024 decreased 35% to 40% Q/Q and decreased 25% to 30% Y/Y Announced annual cash dividend of $2.00 per American Depositary Share (“ADS”) Financial Highlights 4Q 2024 GAAP4Q 2024 Non-GAAP* • Net sales$191.2 million (-10% Q/Q, -6% Y/Y ...