Silicon Motion Technology Q4 Adj. EPS $1.26 Misses $1.30 Estimate, Sales $278.461M Beat $260.987M Estimate

Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $1.26 per share which missed the analyst consensus estimate of $1.30 by 3 percent. This is a 44.83 percent increase over earnings of $0.87 per share from the same period last year. The company reported quarterly sales of $278.461 million which beat the analyst consensus estimate of $260.987 million by 6.70 percent. This is a 45.67 percent increase over sales of $191.160 million the same period last year.