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Silicon Motion Technology Q2 EPS $1.88 Beats $1.77 Estimate, Sales $252.40M Miss $264.32M Estimate

Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $1.88 per share which beat the analyst consensus estimate of $1.77 by 6.21 percent. This is a 25.33 percent increase over earnings of $1.50 per share

Benzinga · 07/27/2022 16:46
Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $1.88 per share which beat the analyst consensus estimate of $1.77 by 6.21 percent. This is a 25.33 percent increase over earnings of $1.50 per share from the same period last year. The company reported quarterly sales of $252.40 million which missed the analyst consensus estimate of $264.32 million by 4.51 percent. This is a 14.15 percent increase over sales of $221.10 million the same period last year.