Silicon Motion Technology (SIMO) Tops Q2 EPS by 14c; Issues Mixed Outlook

Silicon Motion Technology (NASDAQ: SIMO) reported Q2 EPS of $0.92, $0.14 better than the analyst estimate of $0.78. Revenue for the quarter came in at $138.1 million versus the consensus estimate of $138.04 million.

GUIDANCE:

Silicon Motion Technology sees Q3 2018 revenue of $136-142.9 million, versus the consensus of $149.42 million.

Silicon Motion Technology sees FY2018 revenue of $550-576 million, versus the consensus of $567.01 million.

For earnings history and earnings-related data on Silicon Motion Technology (SIMO) click here.

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