GSI Technology, Inc. Reports Third-Quarter Fiscal 2017 Results

GSI Technology, Inc. Reports Third-Quarter Fiscal 2017 Results

SUNNYVALE, CA — (Marketwired) — 01/26/17 — (NASDAQ: GSIT) today reported financial results for its third fiscal quarter ended December 31, 2016.The Company reported net income of $348,000, or $0.02 per diluted share, on net revenues of $11.5 million for the third quarter of fiscal 2017, compared to a net loss of $(819,000), or $(0.04) per diluted share, on net revenues of $12.9 million in the third quarter of fiscal 2016 and net income of $626,000, or $0.03 per diluted share, on net revenues