Benzinga | Jul 29, 2021 06:03PM EDT

Silicon Motion Technology Q2 EPS $1.50 Beats $1.29 Estimate, Sales $221.10M Beat $201.63M Estimate

Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $1.50 per share which beat the analyst consensus estimate of $1.29 by 16.28 percent. This is a 85.19 percent increase over earnings of $0.81 per share from the same period last year. The company reported quarterly sales of $221.10 million which beat the analyst consensus estimate of $201.63 million by 9.66 percent. This is a 61.61 percent increase over sales of $136.81 million the same period last year.