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GSI Technology Inc (GSIT.O)

GSIT.O on Nasdaq

5.45USD
30 Nov 2016
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Latest Key Developments (Source: Significant Developments)

GSI Technology Q1 earnings per share $0.01
Thursday, 28 Jul 2016 04:05pm EDT 

Gsi Technology Inc : Reports Preliminary First-Quarter fiscal 2017 results . Q1 earnings per share $0.01 . Q1 revenue $12.9 million versus $14 million .Sees Q2 2017 revenue $12.6 million to $13.6 million.  Full Article

GSI Technology Inc gives Q1 2017 revenue outlook
Thursday, 5 May 2016 04:05pm EDT 

GSI Technology Inc:Looking forward to Q1 2017, expect net revenues to be in the range of $12.2 million to $13.2 million.expect Q1 2017 gross margin of approximately 48% to 50% in the first quarter.  Full Article

GSI Technology Inc gives Q4 2016 revenue outlook
Thursday, 28 Jan 2016 04:05pm EST 

GSI Technology Inc:Expect Q4 2016 net revenues to be in the range of $12.2 million to $13.2 million.expect Q4 2016 gross margin of approximately 48% to 50% in the fourth quarter.  Full Article

GSI Technology, Inc buys MikaMonu in a deal valued at $5 mln
Monday, 23 Nov 2015 04:30pm EST 

GSI Technology, Inc:Acquires mikamonu.Says deal valued at $5 million.Says acquisition is expected to be accretive to Gsi technology's net income in fiscal 2019.Says will pay the former mikamonu shareholders up to an additional $2.5 million in cash over a four-year period.Acquisition is expected to be accretive to Gsi technology's net income in fiscal 2019.Says mikamonu will continue to conduct its operations in Israel as a wholly-owned subsidiary of Gsi Technology.Says initial products are expected to be introduced in late 2017.Payment of additional cash conditioned on the continued employment of avidan akerib, mikamonu's co-founder and chief technologist.  Full Article

GSI Technology Inc gives Q3 2016 revenue outlook below analysts' estimates
Thursday, 29 Oct 2015 04:05pm EDT 

GSI Technology Inc:Expect Q3 2016 net revenues to be in the range of $12.5 million to $13.5 million.Q3 2016 revenue of $13.7 million - Thomson Reuters I/B/E/S.  Full Article

GSI Technology Inc rejects unsolicited acquisition proposal from Gigoptix, Inc
Thursday, 17 Sep 2015 03:30am EDT 

GSI Technology Inc:Says that Board unanimously rejects unsolicited acquisition proposal from gigoptix, inc.Board unanimously concluded that further pursuit of unsolicited proposal "would not be in the best interests" of stockholders.  Full Article

GSI Technology Inc gives Q2 2016 revenue outlook
Thursday, 30 Jul 2015 04:05pm EDT 

GSI Technology Inc:Expect Q2 2016 net revenues to be in the range of $13.5 to $14.5 million.Q2 2016 revenue of $13.50 million - Thomson Reuters I/B/E/S.  Full Article

Gsi Technology receives unsolicited acquisition proposal
Friday, 5 Jun 2015 08:00am EDT 

GigOptix Inc:Receives unsolicited acquisition proposal.Says the proposal appears to be similar to a previous proposal rejected by Gsi technology's board in September 2014.Received from GigOptix Inc unsolicited, non-binding, conditional proposal to acquire co for consideration of $6.50 per share.Board will promptly and carefully review and consider the latest GigOptix proposal.  Full Article

GigOptix Inc renews interest in acquiring GSI Technology Inc for $6.50 per share
Thursday, 4 Jun 2015 09:00am EDT 

GigOptix Inc:Renews interest in acquiring GSI Technology Inc for $6.50 per share.Expects that the proposed transaction would be completed by the end of 2015.Received a commitment letter of up to $70 million from opus bank to fully finance the cash portion of the consideration.Says unless extended, the proposal shall expire on June 19.  Full Article

GSI Technology Inc updates Q1 2016 net revenues guidance
Thursday, 7 May 2015 04:05pm EDT 

GSI Technology Inc:Expects Q1 2016 net revenues to be in range of $13.0 million to $14.0 million.Q1 2016 revenue of $14.0 million - Thomson Reuters I/B/E/S.  Full Article

BRIEF-GSI Technology Q2 shr $0.03

* Gsi technology, inc. Reports second-quarter fiscal 2017 results