GSI Technology Reports Q3 Loss, Provides Q4 Revenue Guidance

SUNNYVALE, Calif., January 26, 2023 (GLOBE NEWSWIRE) -- GSI Technology Inc. (GSIT) today reported financial results for the third quarter of fiscal year 2023, ended December 31, 2022.

Key Financial Highlights:

* Revenue: $5.4 million, a decrease from the prior year quarter
* Net Loss: $4 million or $0.16 loss per share

Outlook:

For the fourth quarter of fiscal year 2023, GSI Technology expects revenue in the range of $5.4 million to $6.2 million.

This financial news was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. For more financial and company news, visit https://automatedinsights.com/ap.