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Recap: GSI Technology Q3 Earnings

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Benzinga Insights
·1 min read
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Shares of GSI Technology (NASDAQ:GSIT) rose in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 10.00% year over year to ($0.22), which beat the estimate of ($0.23).

Revenue of $6,763,000 decreased by 32.70% from the same period last year, which beat the estimate of $6,600,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

GSI Technology hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jan 28, 2021

View more earnings on GSIT

Time: 04:30 PM

ET Webcast URL: http://public.viavid.com/index.php?id=142852

Technicals

Company's 52-week high was at $8.74

52-week low: $4.75

Price action over last quarter: Up 26.02%

Company Profile

GSI Technology Inc is a provider of semiconductor memory solutions. GSI's resources are focused on bringing new products to market that leverage existing core strengths, including radiation-hardened memory products for extreme environments, and Gemini, the APU designed to deliver performance advantages for diverse artificial intelligence applications. GSI Technology has sales offices in the Americas, Europe, and Asia.

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