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Silicon Motion Technology To Report Q1 Revenue Roughly Flat Sequentially

Silicon Motion Technology Corp. (SIMO) reported that, based upon its preliminary results, first-quarter revenue is expected to be roughly flat sequentially, at the high-end of its original guidance range of a sequential decline of 5% to 0% that the company issued on January 27, 2015.

The company expects first-quarter non GAAP gross margin to be within 51 to 52%, at the high-end of its original guidance range of 50 to 52%.

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