Silicon Motion Technology (SIMO) Reports Prelim Q4

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, sequential revenue growth is expected to slightly exceed the high-end of its original guidance range of 10% to 15%, which the company issued on November 2, 2023. Gross margin (non-GAAP) is also expected to exceed the high-end the company's original 42.5% to 43.5% guidance range.

The Company will release its fourth quarter 2023 financial results after the market closes on February 6, 2024 and will host a conference call on February 7 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/BIa3091343a70245248e648a453af494b7

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

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