Recap: Silicon Motion Technology Q4 Earnings

Silicon Motion Technology SIMO reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Silicon Motion Technology beat estimated earnings by 7.95%, reporting an EPS of $1.9 versus an estimate of $1.76, which did not surprise analysts.

Revenue was up $120.46 million from the same period last year.

Last quarter the company beat on EPS by $0.06, which was followed by a 2.84% drop in the share price the next day.

Here's a look at Silicon Motion Technology's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.64	1.29	0.98	0.71
EPS Actual	1.70	1.50	1.11	0.86
Revenue Estimate	246.17M	201.63M	168.97M	139.94M
Revenue Actual	254.24M	221.10M	182.40M	143.90M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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