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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 89.78-1.2%May 20 4:00 PM EDT

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To: Elroy who wrote (2069)7/8/2019 11:04:20 AM
From: franklin1  Read Replies (1) of 2548
 
Silicon Motion Announces Preliminary Second Quarter 2019 Revenue and Earnings Conference Call Details
Mon July 8, 2019 8:00 AM|GlobeNewswire|About: SIMO

TAIPEI, Taiwan and MILPITAS, Calif., July 08, 2019 (GLOBE NEWSWIRE) -- Silicon Motion Technology Corporation ( 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 (non-GAAP) is expected to be within 4% below the low-end of the original guidance range of $98 million to $107 million that the company issued on May 3, 2019. Gross margin (non-GAAP) is expected to be within 100 basis points above the high-end of the company's original guidance range of 48.5% to 50.5%.

The Company will release its second quarter 2019 financial results after the market closes on July 30, 2019 and will host a conference call on July 31 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:4865285
REPLAY NUMBERS (for 7 days):
USA (Toll Free):1 855 452 5696
USA (Toll):1 646 254 3697
Participant Passcode:4865285
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.
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