Silicon Motion Technology (SIMO) Tops Q2 EPS by 1c

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Go back to Silicon Motion Technology (SIMO) Tops Q2 EPS by 1c

Silicon Motion Announces Results for the Period Ended June 30, 2015

July 27, 2015 6:00 PM EDT

Second Quarter 2015

Financial Highlights

Net sales increased 8% quarter-over-quarter to US$87.2 million from US$80.6 million in 1Q15Gross margin (non-GAAP1) decreased to 51.0% from 52.0% in 1Q15Operating expenses (non-GAAP) increased to US$22.9 million from US$22.5 million in 1Q15Operating margin (non-GAAP) increased to 24.8% from 24.1% in 1Q15 Diluted earnings per ADS (non-GAAP) increased to US$0.51 from US$0.48 in 1Q15

Business Highlights

Highest quarterly... More