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NEWS RELEASE Financial Highlights ● ● ● Net sales Gross margin Business Highlights Silicon Motion Announces Results for the Period Ended June 30 , 2021 Operating margin Earnings per diluted ADS 1 2Q 2021 GAAP 2Q 2021 Non - GAAP $ 221.1 million ( + 21 % Q / Q , + 62 % Y / Y ) $ 221.1 million ( + 21 % Q / Q , + 62 % Y / Y ) 50.3 % 51.0 % 27.3 % 29.2 % $ 1.42 $ 1.50 Achieved second consecutive all - time record quarterly revenue and earnings per share Sales of SSD and eMMC + UFS controllers both reached new record quarterly highs SSD controller sales increased 30 % to 35 % Q / Q and increased 105 % to 110 % Y / Y eMMC + UFS controller sales increased 10 % to 15 % Q / Q and increased 25 % to 30 % Y / Y SSD solutions sales increased 35 % to 40 % Q / Q and declined 15 % to 20 % Y / Y TAIPEI , Taiwan and MILPITAS , Calif . , July 30 , 2021 Silicon Motion Technology Corporation ( NasdaqGS : SIMO ) ( " Silicon Motion " or the " Company ” ) today announced its financial results for the quarter ended June 30 , 2021. For the second quarter , net sales ( GAAP ) increased sequentially to $ 221.1 million from $ 182.4 million in first quarter 2021. Net income ( GAAP ) increased to $ 49.5 million or $ 1.42 per diluted ADS ( GAAP ) from net income ( GAAP ) of $ 34.4 million or $ 0.98 per diluted ADS ( GAAP ) in first quarter 2021 . For the second quarter , net income ( non - GAAP ) increased to $ 52.7 million or $ 1.50 per diluted ADS ( non - GAAP ) from a net income ( non - GAAP ) of $ 38.7 million or $ 1.11 per diluted ADS ( non - GAAP ) in first quarter 2021 . Second Quarter 2021 Review " We delivered better than expected revenue in the second quarter , primarily because of our focus on sales of higher - value products , " said Wallace Kou , President and CEO of Silicon Motion . " This focus also led to higher than expected gross profitability . "