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Silicon Motion Announces Preliminary Fourth Quarter 2020 Revenue and Earnings Conference Call ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Silicon Motion Announces Preliminary Fourth Quarter 2020 Revenue and Earnings Conference Call .
Silicon Motion Technology CorporationJanuary 7, 2021 GMT
TAIPEI, Taiwan and MILPITAS, Calif., Jan. 07, 2021 (GLOBE NEWSWIRE) Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in NAND flash controllers for solid state storage devices, announces that based on its preliminary fourth quarter financial results, revenue is expected to be approximately 3% above the high-end of the original guidance range of $130 million to $139 million which the company issued on November 3, 2020. Gross margin (non-GAAP) is expected to be near the mid-point of the company’s original guidance range of 48.0% to 50.0%. ....

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