Silicon Motion: Preliminary Fiscal 4Q13 Financial Results

Silicon Motion Technology Corporation, in designing and marketing NAND flash controllers for solid state storage devices and specialty RF IC solutions for mobile devices, announces that based upon its preliminary financial results, sequential revenue growth for the fourth quarter is expected to be near the midpoint of the original guidance range that the company issued on October 25, 2013, of down 6% to 12% sequentially.

It was $57.1 million for 3Q13.

Gross margin (non-GAAP) is expected to be within the upper half of the company’s guidance range of 47% to 49%.

The company will release its fourth quarter 2013 results after the market closes on January 27, 2014.