Brief: Silicon Motion Expects Q4 Gross Margin To Be At Lower Half Of Original Guidance

Silicon Motion Technology

08/01/2019 13:25

Jan 8 (Reuters) - Silicon Motion Technology Corp  SIMO.O :
    * SILICON MOTION ANNOUNCES PRELIMINARY FOURTH QUARTER 2018
REVENUE
AND EARNINGS CONFERENCE CALL DETAILS
    * Q4 GROSS MARGIN (NON-GAAP) IS EXPECTED TO BE AT LOWER HALF
OF
COMPANY'S ORIGINAL GUIDANCE RANGE OF 50.0% TO 52.0%.
    * SILICON MOTION - Q4 REVENUE IS EXPECTED TO BE WITHIN LOWER
HALF
OF ORIGINAL GUIDANCE RANGE OF $120.5 MILLION- $127.5 MILLION
THAT COMPANY ISSUED ON OCTOBER 31
    * Q4 REVENUE VIEW $124.0 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX8RDskB 
Further company coverage:  SIMO.O 

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