Silicon Motion Announces Preliminary Second Quarter 2021 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., July 08, 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 second quarter financial results, revenue is expected to grow approximately 20% sequentially, well in excess of the original 5% to 10% guidance range which the company issued on May 6, 2021. Gross margin (non-GAAP) is expected to be at least half a percentage point above the high-end of the company''s original 48.0% to 50.0% guidance range.
Silicon Motion Announces Preliminary Second Quarter 2021 Revenue and Earnings Conference Call Details
TAIPEI, Taiwan and MILPITAS, Calif., July 08, 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 second quarter financial results, revenue is expected to grow approximately 20% sequentially, well in excess of the original 5% to 10% guidance range which the company issued on May 6, 2021. Gross margin (non-GAAP) is expected to be at least half a percentage point above the high-end of the company''s original 48.0% to 50.0% guidance range.