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GSI Technology: Fiscal 2Q Earnings Snapshot

SUNNYVALE, Calif. (AP) _ GSI Technology Inc. (GSIT) on Thursday reported a loss of $1.8 million in its fiscal second quarter.

The Sunnyvale, California-based company said it had a loss of 8 cents per share.

The chipmaker posted revenue of $11.7 million in the period.

GSI Technology shares have increased 44% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.38, a rise of 22% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GSIT at https://www.zacks.com/ap/GSIT