GSI Technology (GSIT) Misses Q1 EPS by 9c
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GSI Technology, Inc. Reports First-Quarter Fiscal 2018 Results
July 27, 2017 4:05 PM EDTSUNNYVALE, CA -- (Marketwired) -- 07/27/17 -- GSI Technology, Inc. (NASDAQ: GSIT) today reported financial results for its first fiscal quarter ended June 30, 2017.
The Company reported a net loss of $(1.5 million), or $(0.07) per diluted share, on net revenues of $10.7 million for the first quarter of fiscal 2018, compared to net income of $260,000, or $0.01 per diluted share, on net revenues of $12.9 million in the first quarter of fiscal 2017 and a net loss of $(1.3 million), or $(0.07) per diluted share, on net revenues of $10.4 million in the fourth quarter of fiscal 2017, ended March 31, 2017. Gross... More
