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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%.

Article from: http://www.globenewswire.com/news-release/2021/01/07/2154896/0/en/Silicon-Motion-Announces-Preliminary-Fourth-Quarter-2020-Revenue-and-Earnings-Conference-Call-Details.html