TAIPEI, Taiwan and MILPITAS, Calif., Oct. 07, 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 third quarter financial results, revenue is expected to be approximately 5% above the high-end of the original guidance range of $114 million to $120 million which the company issued on July 30, 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%.
https://ecntoday.com/wp-content/uploads/2019/11/logo-fb.png 960 960 admin https://ecntoday.com/wp-content/uploads/2019/11/logo-300x138.png admin2020-10-07 12:00:002020-10-07 18:28:21Silicon Motion Announces Preliminary Third Quarter 2020 Revenue and Earnings Conference Call Details
This post was originally published on this site
You might also like
ECN TODAY NEWSLETTER
Receive news for the Electronic Components Industry in your mailbox: Everything from products, engineering, manufacturing and trade show dates around the world