Silicon Motion Technology Sees Q3 Revenue $205M-$216M Vs $212.62M Est.; FY24 Revenue $800M-$830M Vs $822.67M Est.
Silicon Motion Technology Sees Q3 Revenue $205M-$216M Vs $212.62M Est.; FY24 Revenue $800M-$830M Vs $822.67M Est.
Business Outlook
"Our new programs with our flash maker customers are expected to further scale throughout this year as the move to increase outsourcing continues to build the foundation for the long-term revenue and profitability growth of our business," said Wallace Kou, President and CEO of Silicon Motion. "Our highly differentiated controller solutions for PCs and smartphones deliver high performance, higher density and lower cost solid state storage to enable cutting edge applications such as AI-at-the-edge. Despite the softness in the retail SSD market that is evident across the industry, we are confident that we can achieve our previous full-year outlook based on the ongoing strength of our growing NAND OEM business."
业务展望
“随着外包增加的趋势持续构建业务长期收入和盈利增长的基础，我们与闪存制造商的新项目预计将在今年进一步扩大规模，”Silicon Motion总裁兼首席执行官Wallace Kou说。“我们为个人电脑和智能手机提供高度差异化的控制器解决方案，可以提供高性能、更高密度和更低成本的固态存储，以实现边缘人工智能等尖端应用。尽管整个行业SSD零售市场存在困难，但我们仍然有信心根据我们日益壮大的存储器OEM业务的持续强劲势头，实现之前的全年业绩指引。”
For the third quarter of 2024, management expects:
2024年第三季度，管理层预计：
| ($ in millions) | GAAP | Non-GAAP Adjustment | Non-GAAP |
| Revenue | $205 to $216 -2.5% to +2.5% Q/Q +19% to 25% Y/Y |
-- | $205 to $216 -2.5% to +2.5% Q/Q +19% to 25% Y/Y |
| Gross margin | 46.0% to 47.0% | Approximately $0.1* | 46.0% to 47.0% |
| Operating margin | 10.7% to 12.3% | Approximately $6.4 to $7.4** | 14.3% to 15.3% |
| （单位：百万美元） | 通用会计原则(GAAP) | 非通用会计原则调整 | 非通用会计原则 |
| 营业收入 | 205至216美元 季环比-2.5%至+2.5% 同比增长19%至25% |
-- | 205至216美元 季环比-2.5%至+2.5% 同比增长19%至25% |
| 毛利率 | 46.0%至47.0% | 约0.1美元* | 46.0%至47.0% |
| 营业利润率 | 10.7%至12.3% | 约6.4至7.4美元** | 14.3%至15.3% |
* Projected gross margin (non-GAAP) excludes $0.1 million of stock-based compensation.
** Projected operating margin (non-GAAP) excludes $6.4 million to $7.4 million of stock-based compensation and dispute related expenses.
*预计毛利率（非通用会计原则）不包括10万美元的股权奖励。
**预计营业利润率（非通用会计原则）不包括640万至740万美元的股权奖励和争议相关费用。
For the full year 2024, management expects:
2024年全年，管理层预计：
| ($ in millions) | GAAP | Non-GAAP Adjustment | Non-GAAP |
| Revenue | $800 to $830 +25% to 30% Y/Y |
-- | $800 to $830 +25% to 30% Y/Y |
| Gross margin | 45.9% to 46.9% | Approximately $0.6* | 46.0% to 47.0% |
| Operating margin | 10.9% to 13.3% | Approximately $29.0 to $31.0** | 14.8% to 16.8% |
| （单位：百万美元） | 通用会计原则(GAAP) | 非通用会计原则调整 | 非通用会计原则 |
| 营业收入 | 800美元至830美元 年同比增长25%至30% |
-- | 800美元至830美元 年同比增长25%至30% |
| 毛利率 | 45.9%至46.9% | 约0.6美元* | 46.0%至47.0% |
| 营业利润率 | 10.9%至13.3% | 约29.0美元至31.0美元** | 14.8%至16.8% |
* Projected gross margin (non-GAAP) excludes $0.6 million of stock-based compensation and restructuring charge.
** Projected operating margin (non-GAAP) excludes $29.0 million to $31.0 million of stock-based compensation, dispute related expenses, restructuring charge and loss from settlement of litigation.
* 预计毛利率（非GAAP）不包括60万美元的股票酬劳和重组费用。
** 预计营业利润率（非GAAP）不包括2900万至3100万美元的股票酬劳、争端相关费用、重组费用和诉讼和解损失。