Silicon Motion Technology Q2 Adj. EPS $2.43 Beats $2.14 Estimate, Sales $451.001M Beat $403.406M Estimate
Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $2.43 per share which beat the analyst consensus estimate of $2.14 by 13.55 percent. This is a 252.17 percent increase over earnings of $0.69 per
Silicon Motion made more money than experts predicted—both in profits and total sales. When a company beats what people expected, it shows the business is doing well, which is something to watch for.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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