Silicon Motion Technology (SIMO) Announces Preliminary Third Quarter 2021 Revenue and Earnings
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Silicon Motion Announces Preliminary Third Quarter 2021 Revenue and Earnings Conference Call Details
October 7, 2021 8:00 AM EDTTAIPEI, Taiwan and MILPITAS, Calif., Oct. 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 third quarter financial results, sequential revenue growth is expected to slightly exceed the high-end of its original guidance of 7.5% to 12.5%, which the company issued on July 30, 2021. Gross margin (non-GAAP) is expected to slightly exceed 50.0% and is within the high-end of the company's original 48.5% to 50.5% guidance range.
The Company will release its third quarter 2021 financial results after the... More
