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Silicon Motion: Q2 Earnings Snapshot
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Latest News – WTOP News
HONG KONG (AP) — HONG KONG (AP) — Silicon Motion Technology Corp. (SIMO) on Wednesday reported second-quarter net income of…HONG KONG (AP) — HONG KONG (AP) — Silicon Motion Technology Corp. (SIMO) on Wednesday reported second-quarter net income of $136.1 million.
Earnings, adjusted for non-recurring gains, came to $2.43 per share.
The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.
Six analysts surveyed by Zacks expected $403.6 million.
For the current quarter ending in September, Silicon Motion said it expects revenue in the range of $519 million to $541 million.