1 Thing That's Hurting Silicon Motion Technology Stock
On July 30, Silicon Motion (NASDAQ: SIMO), a company that provides controller chips for NAND flash-based storage products, reported its second-quarter financial results.
At a glance, the results weren't great: Revenue hit $132.7 million, representing a 6% year-over-year decline, and operating income dropped to $30.27 million, a reduction of 16.4% from the year prior.
Image source: Intel.
Source: Fool.com
Silicon Motion Technology Corp. ADR Aktie
202,00 €
-9,01 %
Die Community bevorzugt Silicon Motion Technology Corp. ADR, mit deutlich mehr Buy- (22) als Sell-Einschätzungen (1).
Eine Steigerung von über 50% ist für Silicon Motion Technology Corp. ADR möglich, angesichts eines Kursziels von 309 € gegenüber 202.0 €.
