Silicon Motion Announces Preliminary Fourth Quarter 2019 Revenue and Earnings Conference Call Details

TAIPEI, Taiwan and MILPITAS, Calif., Jan. 07, 2020 (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 fourth quarter financial results, revenue (non-GAAP) is expected to be within 10% above the high-end of the original guidance range of $133 million to $139 million which the company issued on October 30, 2019. Gross margin (non-GAAP) is expected to be within the lower half of the company's original guidance range of 48.5% to 50.5%.

The Company will release its fourth quarter 2019 financial results after the market closes on February 6, 2020 and will host a conference call on February 7 at 8:00 a.m. Eastern Time.

(Speakers)
Wallace Kou, President & CEO
Riyadh Lai, CFO

CONFERENCE CALL ACCESS NUMBERS:
USA (Toll Free):	1 866 519 4004
USA (Toll):	1 845 675 0437
Taiwan (Toll Free):	080 909 1568
Participant Passcode:	6499746
REPLAY NUMBERS (for 7 days):
USA (Toll Free):	1 855 452 5696
USA (Toll):	1 646 254 3697
Participant Passcode:	6499746

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

ABOUT SILICON MOTION:

We are the global leader in supplying NAND flash controllers for solid state storage devices and the merchant leader in supplying SSD controllers.  We have the broadest portfolio of controller technologies and our controllers are widely used in embedded storage products such as SSDs and eMMC+UFS devices, which are found in smartphones, PCs and commercial and industrial applications. We have shipped over six billion NAND controllers in the last ten years, more than any other company in the world.  We also supply customized high-performance hyperscale data center and industrial SSD solutions.  Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs.  For further information on Silicon Motion, visit us at www.siliconmotion.com.