Silicon Motion Announces Results for the Period Ended March 31, 2015
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Silicon Motion Technology (SIMO) Tops Q1 EPS by 4c
April 27, 2015 6:02 PM EDTSilicon Motion Technology (NASDAQ: SIMO) reported Q1 EPS of $0.48, $0.04 better than the analyst estimate of $0.44. Revenue for the quarter came in at $80.6 million versus the consensus estimate of $79.7 million.
Commenting on the results of the first quarter, Silicon Motion's President and CEO Wallace Kou said:
"We are off to a solid start in 2015. Our first quarter revenue benefited from strong client SATA 3 SSD controller sales momentum and stable eMMC controller sales. Client SSD controller sales doubled sequentially, now account for over 10% of our corporate revenue and shipments increased to... More
