Silicon Motion Technology Q3 2023 Adj EPS $0.63 Beats $0.61 Estimate, Sales $172.33M Beat $165.70M Estimate
Author: Benzinga Newsdesk | November 01, 2023 06:01pm
Silicon Motion Technology (NASDAQ:
SIMO) reported quarterly earnings of $0.63 per share which beat the analyst consensus estimate of $0.61 by 3.28 percent. This is a 58.82 percent decrease over earnings of $1.53 per share from the same period last year. The company reported quarterly sales of $172.33 million which beat the analyst consensus estimate of $165.70 million by 4.00 percent. This is a 31.29 percent decrease over sales of $250.81 million the same period last year.
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