GSI Technology (GSIT) Misses Q3 EPS by 7c

GSI Technology (NASDAQ: GSIT) reported Q3 EPS of ($0.07), $0.07 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $11.1 million versus the consensus estimate of $10.5 million.

GUIDANCE:

GSI Technology sees Q4 2018 revenue of $10-11 million.

"For the fourth-quarter of fiscal 2018, we currently expect net revenues to be in the range of $10.0 million to $11.0 million, with gross margin in a range of 53% to 55%."

For earnings history and earnings-related data on GSI Technology (GSIT) click here.

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