Silicon Motion Technology (SIMO) Sees Q4 Rev. at Upper End of Original Guidance Range

Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion” or the “Company”), a global leader in designing and marketing NAND flash controllers for solid state storage devices, announces that based on its preliminary fourth quarter financial results, revenue is expected to be at the upper end of the original guidance range of $130 million to $136 million that the company issued on October 27, 2017. Gross margin (non-GAAP) is expected to be near the midpoint of the company's original guidance range of 45.5% to 47.5%.

(Street sees Q4 revenue of $133.12 million)

The Company will release its fourth quarter 2017 financial results after the market closes on February 6, 2018 and will host a conference call on February 7, at 8 am Eastern Time.

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