Benzinga | Oct 27, 2021 06:01PM EDT

Silicon Motion Technology Q3 EPS $1.70 Beats $1.64 Estimate, Sales $254.20M Beat $246.17M Estimate

Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $1.70 per share which beat the analyst consensus estimate of $1.64 by 3.66 percent. This is a 123.68 percent increase over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $254.20 million which beat the analyst consensus estimate of $246.17 million by 3.26 percent. This is a 101.68 percent increase over sales of $126.04 million the same period last year.