TAIPEI , May 15, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced that it will showcase its broad portfolio of products including two new SSD controllers at COMPUTEX 2025. The first is the SM2504XT, an ultra-low power PCIe Gen5 DRAM-less controller offering industry-leading performance per watt.
Business Highlights First quarter of 2025 sales decreased 13% Q/Q and decreased 12% Y/Y SSD controller sales: 1Q of 2025 decreased 10% to 15% Q/Q and decreased 20% to 25% Y/Y eMMC+UFS controller sales: 1Q of 2025 decreased 15% to 20% Q/Q and decreased 0% to 5% Y/Y SSD solutions sales: 1Q of 2025 decreased 20% to 25% Q/Q and decreased 35% to 40% Y/Y Announced new $50 million share repurchase program Financial Highlights 1Q 2025 GAAP 1Q 2025 Non-GAAP* Net sales $166.5 million (-13% Q/Q, -12% Y/Y) $166.5 million (-13% Q/Q, -12% Y/Y) Gross margin 47.1 % 47.1 % Operating margin 5.9 % 8.9 % Earnings per diluted ADS $0.58 $0.60 * Please see supplemental reconciliations of U.S. Generally Accepted Accounting Principles ("GAAP") to all non-GAAP financial measures mentioned herein towards the end of this news release. TAIPEI and MILPITAS, Calif.
Business Highlights First quarter of 2025 sales decreased 13% Q/Q and decreased 12% Y/Y SSD controller sales: 1Q of 2025 decreased 10% to 15% Q/Q and decreased 20% to 25% Y/Y eMMC+UFS controller sales: 1Q of 2025 decreased 15% to 20% Q/Q and decreased 0% to 5% Y/Y SSD solutions sales: 1Q of 2025 decreased 20% to 25% Q/Q and decreased 35% to 40% Y/Y Announced new $50 million share repurchase program Financial Highlights 1Q 2025 GAAP 1Q 2025 Non-GAAP* • Net sales $166.5 million (-13% Q/Q, -12% Y/Y) $166.5 million (-13% Q/Q, -12% Y/Y) • Gross margin 47.1% 47.1% • Operating margin 5.9% 8.9% • Earnings per diluted ADS $0.58 $0.60 * Please see supplemental reconciliations of U.S. Generally Accepted Accounting Principles (“GAAP”) to all non-GAAP financial measures mentioned herein towards the end of this news release. TAIPEI, Taiwan and MILPITAS, Calif.
Simpson Manufacturing Co., Inc. remains vital in construction but faces pressure from rising input costs, tariffs, and weakening demand. Q1 2025 results beat expectations with EPS of $1.86 and revenue of $538.9 million, despite macroeconomic challenges. SSD management's cautious approach to tariffs and cost pressures risks margin compression, and maintaining profitability depends on higher housing starts.
Simpson Manufacturing Co., Inc. (NYSE:SSD ) Q1 2025 Earnings Conference Call April 28, 2025 5:00 PM ET Company Participants Kim Orlando - Investor Relations Michael Olosky - President and Chief Executive Officer Matt Dunn - Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Tim Wojs - Baird Kurt Yinger - D.A. Davidson Operator Greetings, and welcome to the Simpson Manufacturing Co., Inc., First Quarter 2025 Earnings Conference Call.
BOISE, Idaho, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU), today announced the Micron 4600 PCIe® Gen5 NVMe™ SSD, an innovative client storage drive for OEMs that is designed to deliver exceptional performance and user experience for gamers, creators and professionals. Leveraging Micron® G9 TLC NAND, the 4600 SSD is Micron's first Gen5 client SSD and doubles the performance of its predecessor.1 The Micron 4600 SSD showcases sequential read speeds of 14.5 GB/s and write speeds of 12.0 GB/s.
Shares of Simpson Manufacturing pulled back slightly after the market closed on February 10th, despite the firm exceeding analysts' estimates for the latest quarter. Simpson Manufacturing has shown strong financial performance, but its current stock price, after surging so much, doesn't deserve a great deal of optimism. The company's diverse market presence and innovation, including a significant share in wood connectors and fasteners, highlight its operational strengths.
Simpson Manufacturing Co., Inc. (SSD) Q4 2024 Earnings Call Transcript
Simpson Manufacturing (SSD 0.88%), a provider of wood and concrete construction products, surpassed analyst expectations in its fourth-quarter earnings release on Feb. 10, 2025. The company reported earnings per share (EPS) of $1.31, beating the expected $1.27.
TAIPEI and MILPITAS, Calif. , Feb. 6, 2025 /PRNewswire/ -- Silicon Motion Technology Corporation (NasdaqGS: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today proudly announces its PCIe Gen4 SSD controller has achieved ASPICE Capability Level 3 (CL3) after assessment by UL Solutions (NYSE: ULS), positioning Silicon Motion as the world's first SSD controller vendor to achieve this milestone.
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/Y eMMC+UFS controller sales: 4Q of 2024 decreased 10% to 15% Q/Q and were flat Y/Y SSD 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 GAAP 4Q 2024 Non-GAAP* • Net sales $191.2 million (-10% Q/Q, -6% Y/Y) $191.2 million (-10% Q/Q, -6% Y/Y) • Gross margin 46.8% 47.0% • Operating margin 10.3% 16.5% • Earnings per diluted ADS $0.68 $0.91 Full Year 2024 GAAP Full Year 2024 Non-GAAP* • Net sales $803.6 million (+26% Y/Y) $803.6 million (+26% Y/Y) • Gross margin 46.1% 46.2% • Operating margin 11.6% 15.3% • Earnings per diluted ADS $2.69 $3.43 * Please see supplemental reconciliations of U.S. Generally Accepted Accounting Principles (“GAAP”) to all non-GAAP financial measures mentioned herein towards the end of this news release. TAIPEI, Taiwan and MILPITAS, Calif.
PLEASANTON, Calif. , Jan. 27, 2025 /PRNewswire/ -- Simpson Manufacturing Co., Inc. (the "Company") (NYSE: SSD), an industry leader in engineered structural connectors and building solutions, announced today that it will report its financial results for the fourth quarter and full year ended December 31, 2024, on Monday, February 10, 2025, at 4:15 p.m.