Silicon Motion Technology (NASDAQ:SIMO) reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
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Earnings
Silicon Motion Technology beat estimated earnings by 7.95%, reporting an EPS of $1.9 versus an estimate of $1.76, which did not surprise analysts.
Revenue was up $120.46 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06, which was followed by a 2.84% drop in the share price the next day.
Here's a look at Silicon Motion Technology's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.64 | 1.29 | 0.98 | 0.71 |
| EPS Actual | 1.70 | 1.50 | 1.11 | 0.86 |
| Revenue Estimate | 246.17M | 201.63M | 168.97M | 139.94M |
| Revenue Actual | 254.24M | 221.10M | 182.40M | 143.90M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
