From GlobeNewswire:

Silicon Motion Technology Corporation is expecting sequential revenue growth to exceed the high-end of its guidance range of 10% to 15%. Preliminary fourth quarter financial results show that gross margin is also expected to exceed the company’s original guidance range, setting the stage for the release of full Q4 2023 results on February 6.

The Company will release its fourth quarter financial results after the market closes on February 6, 2024 and will host a conference call on February 7 at 8:00 a.m. Eastern Time. Participants must pre-register to participate in the live call.

This call will be webcasted on the Company’s website at www.siliconmotion.com. Silicon Motion is the global leader in supplying NAND flash controllers for solid state storage devices and is planning to hold a conference call for its fourth quarter 2023 financial results.

Silicon Motion Technology Corporation supplies more SSD controllers than any other company in the world for servers, PCs, and other client devices. The Company supplies customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions. Customers include most of the NAND flash vendors, storage device module makers, and leading OEMs.

This press release contains “forward-looking statements” within the meaning of federal securities laws. These statements involve risks and uncertainties, and actual market trends or the company’s actual results of operations, financial condition or business prospects may differ materially from those expressed or implied.



Read more: Silicon Motion Announces Preliminary Fourth Quarter 2023