GSI Technology, Inc. Reports First-Quarter Fiscal 2016 Results

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Go back to GSI Technology, Inc. Reports First-Quarter Fiscal 2016 Results

GSI Technology (GSIT) Misses Q1 EPS by 1c

July 30, 2015 4:22 PM EDT

GSI Technology (NASDAQ: GSIT) reported Q1 EPS of ($0.04), $0.01 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $14 million versus the consensus estimate of $13.5 million.

GSI Technology sees Q2 2016 revenue of $13.5-14.5 million.

Lee-Lean Shu, Chairman and Chief Executive Officer, noted, "Our net revenues came in at the high end of the range of guidance that we had provided earlier... More