Silicon Motion Announces Preliminary First Quarter 2020 Revenue and Earnings Conference Call Details

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TAIPEI, Taiwan and MILPITAS, Calif., April 08, 2020 (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 first quarter financial results, revenue (non-GAAP) is expected to be within the lower-half of the original guidance range of $130 million to $138 million which the company issued on February 7, 2020. Gross margin (non-GAAP) is expected to be between 47.5% and 48.5%, above the high-end of the company’s original guidance range of 44.0% to 46.0%.

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