Silicon Motion Technology (NASDAQ:SIMO) reported quarterly earnings of $1.58 per share which beat the analyst consensus estimate of $1.31 by 19.7 percent. This is a 163.33 percent increase over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $342.105 million which beat the analyst consensus estimate of $299.572 million by 14.20 percent. This is a 105.48 percent increase over sales of $166.492 million the same period last year.