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

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Silicon Motion Technology (SIMO) gains as Q3 sequential revenue growth seen above guidance range

October 6, 2023 9:09 AM EDT

Silicon Motion Technology (NASDAQ: SIMO) shares are gaining ground premarket after the company announced preliminary third-quarter results.

Based on its preliminary Q3 results, the NAND flash controllers company revealed that sequential revenue growth is expected to be slightly above the high-end of its... More