ADVFN - Advanced Financial Network.
HOME» NASDAQ » G » GSIT Stock Price » GSIT Stock News

Gsi Technology Share News

 Gsi Technology (mm) Stock Price
GSIT Stock Price
 Gsi Technology (mm) Stock Chart
GSIT Stock Chart
 Gsi Technology (mm) Stock News
GSIT Stock News
 Gsi Technology (mm) Company Information
GSIT Company Information
 Gsi Technology (mm) Stock Trades
GSIT Stock Trades

GSI Technology Estimates 3Q Revenue To Top High End Of Target

DOW JONES NEWSWIRES GSI Technology Inc. (GSIT) estimated its fiscal third-quarter revenue will exceed its forecast and said it sees sales to its largest customer, Cisco Systems Inc. (CSCO), increasing from the preceding quarter. The maker of static random access memory products predicted revenue for the quarter ended Dec. 31 to come in above the $18.2 million to $19.2 million range targeted in October. The company also estimated direct and indirect sales to Cisco at roughly $9.7 million in the third quarter, compared with $7.9 million in the second quarter and $9.8 million a year earlier. GSI expects to report complete results for the third quarter later this month. The company in October reported its second-quarter profit dropped 68% from a year earlier after it recorded lower sales to Cisco and weaker demand from customers in Asia. Shares closed Monday at $13.31 and were inactive in premarket trade. The stock is down 10% in the past three months. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; mia.lamar@dowjones.com

Stock News for Gsi Technology (GSIT)
DateTimeHeadline
11/15/201308:12:59Fidelity Management & Research Co. 3Q 13F: Largest Eliminations
11/15/201308:12:48Fidelity Management & Research Co. 3Q 13F: -2-
11/15/201308:12:48Fidelity Management & Research Co. 3Q 13F: Largest Sales
11/15/201308:12:48Fidelity Management & Research Co. 3Q 13F: Largest Purchases
03/12/201217:24:20Cypress Agrees To Drop Ericsson From Patent Suit Against GSI
01/10/201209:15:55US Stock Futures: HOT STOCKS TO WATCH
01/10/201207:30:18GSI Technology Estimates 3Q Revenue To Top High End Of Target
07/21/201109:04:06Cypress Semi 2Q Jumps On Higher Touchscreen Chip Sales

Gsi Technology and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad