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Silicon Motion Sees Q4 Revenue $588M-$616M
Silicon Motion sees Q4 revenue $588M-$616M, consensus $549.67M
Silicon Motion Reports Q3 Revenue of $560.2M
Reports Q3 revenue $560.2M, consensus $529.1M. "Silicon Motion is rapidly evolving from a consumer-focused NAND flash controller supplier into a diversified leader in controllers and storage solutions, serving markets from AI infrastructure to the edge," said Wallace Kou, CEO. "In Q3, revenue, gross margin and operating margin all grew meaningfully. This was driven by our Ferri product family for automotive and edge AI and enterprise boot drive solutions, and by our SSD controller businesses, including edge and enterprise SSD controllers, with our new MonTitan enterprise and AI controllers beginning to scale. Building on the strong results we have delivered this year, we expect continued momentum in the fourth quarter as we broaden our product portfolio and expand into new markets, providing a foundation for sustainable, long-term growth in revenue and profitability."
Silicon Motion Shares Down 12.5% to $249.00
Silicon Motion is down -12.5%, or -$35.48 to $249.00.
Silicon Motion Completes First Stage of EU Cyber Resilience Act Compliance
Silicon Motion announced that it has completed the first stage of its compliance program for the European Union Cyber Resilience Act. Following a comprehensive internal assessment, the company has aligned its product cybersecurity controls and processes with the CRA's incident-reporting obligations that take effect on September 11, 2026, and has established vulnerability-handling processes covering key areas contemplated by the CRA, as part of its ongoing CRA readiness efforts. This milestone underscores Silicon Motion's commitment to product security and provides customers with a trusted foundation for addressing evolving cybersecurity requirements for products with digital elements in the European Union. This is a preparatory step ahead of the CRA's full application on December 11, 2027, and Silicon Motion will continue to evolve its program as remaining implementing guidance and harmonized standards are further developed and finalized.
Silicon Motion Completes First Stage of EU Cyber Resilience Act Compliance
Silicon Motion has completed the first stage of its compliance program for the European Union Cyber Resilience Act, or CRA. Following a comprehensive internal assessment, the company has aligned its product cybersecurity controls and processes with the CRA's incident-reporting obligations that take effect on September 11, and has established vulnerability-handling processes covering key areas contemplated by the CRA, as part of its ongoing CRA readiness efforts. This is a preparatory step ahead of the CRA's full application on December 11, 2027. To meet the requirements applicable at this stage, Silicon Motion has strengthened its post-market vulnerability management and incident-reporting processes.
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