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Silicon Motion Technology Q1 2024 Adj EPS $0.64 Beats $0.57 Estimate, Sales $189.311M Beat $180.049M Estimate

Author: Benzinga Newsdesk | May 02, 2024 06:05pm
Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $0.64 per share which beat the analyst consensus estimate of $0.57 by 12.28 percent. This is a 93.94 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $189.311 million which beat the analyst consensus estimate of $180.049 million by 5.14 percent. This is a 52.59 percent increase over sales of $124.069 million the same period last year.

Posted In: SIMO


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