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Stock impact report

Silicon Motion Announces Preliminary First Quarter 2020 Revenue and Earnings Conference Call Details

Silicon Motion Technology Corporation - American Depositary Shares, each representing four ordinary shares (SIMO) 
Last silicon motion technology corporation - american depositary shares, each representing four ordinary shares earnings: 4/28 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.siliconmotion.com
Company Research Source: GlobeNewswire
TAIPEI, Taiwan and MILPITAS, Calif., April 08, 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 first quarter financial results, revenue (non-GAAP) is expected to be within the lower-half of the original guidance range of $130 million to $138 million which the company issued on February 7, 2020. Gross margin (non-GAAP) is expected to be between 47.5% and 48.5%, above the high-end of the company's original guidance range of 44.0% to 46.0%. The Company will release its first quarter 2020 financial results after the market closes on April 28, 2020 and will host a conference call on April 29 at 8:00 a.m. Eastern Time. Participants must pre-register using the link below in order to participate in the live call.  (Speakers) Wallace Kou, President & CEORiyadh Lai, CFO CONFERENCE CALL DETAILS: Pa Show less Read more
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