U.S. Markets open in 1 hr 48 mins

GSI Technology: Fiscal 3Q Earnings Snapshot

SUNNYVALE, Calif. (AP) _ GSI Technology Inc. (GSIT) on Thursday reported a loss of $4.6 million in its fiscal third quarter.

The Sunnyvale, California-based company said it had a loss of 20 cents per share.

The chipmaker posted revenue of $10 million in the period.

For the current quarter ending in March, GSI Technology said it expects revenue in the range of $8.5 million to $9.5 million.

GSI Technology shares have climbed 15% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.18, an increase of nearly 7% 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