Silicon Motion Announces Preliminary First Quarter 2024 Revenue and Earnings Conference Call Details

April 9, 2024

https://www.globenewswire.com/news-release/2024/04/09/2859923/9885/en/Silicon-Motion-Announces-Preliminary-First-Quarter-2024-Revenue-and-Earnings-Conference-Call-Details.html

TAIPEI, Taiwan and MILPITAS, Calif., April 09, 2024 (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 first quarter financial results, sequential revenue growth is expected to be slightly above the high-end of its original guidance range of $172 million to $182 million, which the company issued on February 7, 2024. Gross margin (non-GAAP) is expected to be near the high-end of the company’s original 44.0% to 45.0% guidance range.

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