Brief: GSI Technology reports Q3 earnings per share $0.02

GSI Technology

26/01/2017 21:05

Jan 26 (Reuters) - Gsi Technology Inc  GSIT.O - 
    * GSI Technology Inc reports third-quarter fiscal 2017 
results 
    * Q3 earnings per share $0.02 
    * Q3 revenue $11.5 million versus $12.9 million 
    * Sees Q4 2017 revenue $10 million to $10.8 million 
    * GSI Technology Inc says expect gross margin of 
approximately 50% to 52% in Q4 
    * Says expect sales to improve substantially in Q1 of fiscal 
2018, with net revenues in area of $13.0 million 
    * Currently expect a substantial rebound in revenues during 
q1 
 
Source text for Eikon:  ID:nMKWZ44dla  
Further company coverage:  GSIT.O  
 
 ((bangalore.newsroom@thomsonreuters.com;))