Silicon Motion Technology (SIMO) Announces Preliminary Third Quarter 2023 Revenue

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, sequential revenue growth is expected to be slightly above the high-end of its original guidance range of 15% to 20%, which the company issued on July 28, 2023. Gross margin (non-GAAP) is expected to be similar sequentially and in-line with the original guidance range.

The Company will release its third quarter 2023 financial results after the market closes on November 1, 2023 and will host a conference call on November 2 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below in order to participate in the live call.

CONFERENCE CALL DETAILS:Participants must register in advance to join the conference call using the link provided below. Conference access information (including dial-in information and a unique access PIN) will be provided in the email received upon registration.

Participant Online Registration:https://register.vevent.com/register/BI16f0e4890c1649e6a5b1329a7fae14da

This call will be webcasted on the Company’s website at www.siliconmotion.com.

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