Silicon Motion Technology Q3 Adj. EPS $4.35 Beats $3.33 Estimate, Sales $560.200M Beat $529.103M Estimate
Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $4.35 per share which beat the analyst consensus estimate of $3.33 by 30.63 percent. This is a 335 percent increase over earnings of $1.00 per share
Silicon Motion made way more money than people expected this quarter. When a company beats earnings by a lot, it means their business is running really well.
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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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