GSI Technology, Inc. Reports Fourth-Quarter and Fiscal 2018 Results
GSI Technology, Inc. (GSIT)
US:NASDAQ Investor Relations:
gsitechnology.com
Company Research
Source: GlobeNewswire
SUNNYVALE, Calif., May 03, 2018 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (NASDAQ:GSIT) today reported preliminary financial results for its fourth fiscal quarter and fiscal year ended March 31, 2018. For the fiscal year ended March 31, 2018, the Company reported a net loss of $(4.5) million, or $(0.21) per diluted share, on net revenues of $42.6 million, compared to a net loss of $(115,000), or $(0.01) per diluted share, on net revenues of $48.2 million in the fiscal year ended March 31, 2017. Gross margin was 52.6% compared to 54.8% in the prior year. Total operating expenses were $26.9 million in fiscal 2018 and essentially unchanged from fiscal 2017. Research and development expenses were $17.0 million in fiscal 2018, compared to $15.8 million in the prior fiscal year, and selling, general and administrative expenses were $9.9 million, compared to $11.1 million in fiscal 2017. The Company reported net income of $265,000, or $0.01 per
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GSIT
Sec Filings
- 5/9/24 - Form 8-K
- 5/6/24 - Form SD
- 5/2/24 - Form 8-K
- GSIT's page on the SEC website