Benzinga | May 5, 2021 06:02PM EDT

Silicon Motion Technology Q1 EPS $1.11 Beats $0.98 Estimate, Sales $182.40M Beat $168.97M Estimate

Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $1.11 per share which beat the analyst consensus estimate of $0.98 by 13.27 percent. This is a 38.75 percent increase over earnings of $0.80 per share from the same period last year. The company reported quarterly sales of $182.40 million which beat the analyst consensus estimate of $168.97 million by 7.95 percent. This is a 37.38 percent increase over sales of $132.77 million the same period last year.