Silicon Motion Technology Corporation (SIMO) CEO Wallace Kou on Q2 2020 Results - Earnings Call Transcript

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Q2: 2020-07-29 Earnings Summary

EPS of $0.81 beats by $0.06
 | Revenue of $136.81M (38.41% Y/Y) beats by $2.64M

Silicon Motion Technology Corporation (NASDAQ:SIMO) Q2 2020 Earnings Conference Call July 30, 2020 8:00 AM ET

Company Participants

Chris Chaney - Director, Investor Relations
Wallace Kou - President & Chief Executive Officer
Riyadh Lai - Chief Financial Officer

Conference Call Participants

Craig Ellis - B. Riley FBR
Karl Ackerman - Cowen
Mehdi Hosseini - SFG
Rajvindra Gill - Needham & Company

Operator

Ladies and gentlemen, thank you for standing by and welcome to Silicon Motion's Technology Corp. Q2 2020 Earnings Conference Call. This conference call contains forward-looking statements within the meaning of Section 27A of the Security Act of 1933 and Section 21E of the Securities Exchange Act of 1934 as amended. Such forward-looking statements include without limitation statements regarding trends in the semiconductor industry and our future results of operations financial condition and business prospects.

Although, such statements are based on our own opinion and information from our success – from our sources we believe to be reliable you should not place undue reliance on them. These statements involve risks and uncertainties. The actual market trends and our results made a fair maturely from those expressed or implied in these forward-looking statements for a variety of reasons.

Potential risks and uncertainties include, but not limited to continued competitive pressure in the semiconductor industry and the effect of such pressure on prices unpredictable changes in technology and consumer demand for multimedia consumer electronics. The state of any change in our relationships, with our major customers the changes in political economic legal and social conditions in Taiwan.

For additional discussion of these risks and uncertainties, and other factors please see the documents we file from time to time with the Securities and Exchange Commission. We assume no obligation to update any forward-looking statements, which apply only as of the date of this conference call.

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