Silicon Motion (SIMO) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 30, 2026 astatine 10:01 AM CDT 36 min read

Image source: The Motley Fool.

DATE

Wednesday, April 29, 2026 astatine 8 a.m. ET

CALL PARTICIPANTS

• President & CEO — Chia-Chang Kou

• Chief Financial Officer — Jason Tsai

• Moderator — Thomas Andrew Sepenzis

Full Conference Call Transcript

Thomas Andrew Sepenzis: Good morning, everyone, and invited to Silicon Motion's First Quarter 2026 Financial Results Conference Call and Webcast. Joining maine contiguous is Wallace Kou, our President and CEO; and Jason Tsai, our CFO. Wallace volition archetypal supply a reappraisal of our cardinal concern developments, and past Jason volition sermon our archetypal 4th results and outlook. Following our prepared remarks, we volition reason with a Q&A session. Before we begin, I would similar to punctual you of our harmless harbor policy, which was work astatine the commencement of this call. For a broad overview of the risks progressive successful investing successful our securities, delight notation to our filings with the U.S. Securities and Exchange Commission.

For much details connected our fiscal results, delight notation to our property release, which was filed connected Form 6-K aft the adjacent of the marketplace yesterday. This webcast volition beryllium disposable for replay successful the Investor Relations conception of our website for a constricted time. To heighten investors' knowing of our ongoing economical performance, we volition sermon non-GAAP accusation during this call. We usage non-GAAP fiscal measures internally to measure and negociate our operations. We have, therefore, chosen to supply this accusation to alteration you to execute comparisons of our operating results successful a mode accordant with however we analyse our ain operating results.

The reconciliation of the GAAP to non-GAAP fiscal information tin beryllium recovered successful our net merchandise issued yesterday. We inquire that you reappraisal it successful conjunction with this call. With that, I volition crook the telephone implicit to Wallace.

Chia-Chang Kou: Thank you, Tom. Hello, and convey you for joining our telephone today. I'm pleased to study different 4th of better-than-expected results, highlighted by grounds gross of $342.1 million. Growth and operating borderline some exceeded our guidance arsenic stronger-than-anticipated gross drove improved wide profitability. We saw beardown show crossed embedded eMMC and UFS arsenic good arsenic our Ferri and footwear thrust solutions, driving coagulated maturation this quarter, pursuing an exceptional commencement and fixed our existent pipeline of triumph crossed each our markets, I'm assured that we volition present meaningful maturation passim what should beryllium a grounds gross twelvemonth for Silicon Motion. Now fto maine archetypal code the existent marketplace environment.