GSI Technology, Inc. (NASDAQ:GSIT) is set to announce second quarter earning results on Thursday 29th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, GSIT to report 2Q21 loss of $ 0.23 per share from revenue of $ 6.60 million.
For the full year, analysts anticipate top line of $ 33.40 million, while looking forward to loss of $ 0.69 per share bottom line.
The Company Outlook
Revenue for 2Q21 are expected in a range of $ 6.00 million ~ $ 7.20 million
Click Here For More Historical Outlooks Of GSI Technology, Inc.
Stock Performance
Shares of GSI Technology, Inc. traded low $ -0.35 or -5.27 percent on Wednesday, reaching $ 6.29 with volume of 29.40 thousand shares. GSI Technology, Inc. has traded high as $ 6.54 and has cracked $ 6.22 on the downward trend
According to the previous trading day, closing price of $ 6.29, representing a 39.79 % increase from the 52 week low of $ 4.75 and a 24.03 % decrease over the 52 week high of $ 8.74.
The company has a market capital of $ 148.49 million and is part of the Technology sector and Semiconductors industry.
Conference Call
GSI Technology, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.gsitechnology.com
GSI Technology, Inc., a fabless semiconductor company, designs, develops, and markets memory products primarily for the networking and telecommunications markets in the United States, China, Singapore, the Netherlands, and internationally. It offers synchronous static random access memory (SRAM) products, such as BurstRAMs for microprocessor cache applications; No Bus Turnaround SRAMs to address the needs of moderate performance networking applications; SigmaQuad and SigmaDDR products that are double data rate and quad data rate synchronous SRAMs; and radiation-hardened SRAMs for aerospace and military applications, such as networking satellites and missiles. The company also provides low latency dynamic random access memory products.
