Oct. 31 at 5:38 PM
$SIMO beats estimates — what’s driving the growth? 🚀
Q3 non-GAAP EPS of
$1 topped the Zacks Consensus Estimate of 81 cents, fueled by revenue growth in several verticals. SSD and eMMC+UFS sales showed strong sequential gains, while SSD solutions saw a year-over-year decline, boosting the top line to
$242M, ahead of the
$225M estimate.
Discover management's outlook for Q4 here 👉 https://www.zacks.com/stock/news/2782850/simo-q3-earnings-surpass-estimates-on-healthy-revenue-growth?cid=sm-stocktwits-2-2782850-body-18871&ADID=SYND_STOCKTWITS_TWEET_2_2782850_BODY_18871