SUNNYVALE, CA — (Marketwired) — 01/14/15 — GSI Technology, Inc. (NASDAQ: GSIT) announced
today that, on the basis of preliminary financial results, it expects to
report net revenues of approximately $14.2 million for its third fiscal
quarter ended December 31, 2014, compared to guidance of $13.2 million to
$14.2 million that the Company provided early in the third quarter. The
Company cautioned that these results are preliminary and subject to change.
The Company expects to release its third-quarter financial results after
the market close on Thursday, January 29, 2015, when management will also
conduct a conference call to review the Company–s third quarter financial
results and its current outlook for the fourth quarter. Any investor or
interested individual can listen to the teleconference, which is scheduled
to begin at 1:30 p.m. Pacific (4:30 p.m. Eastern) on January 29, 2015. To
participate in the teleconference, please call toll-free 888-438-5519
approximately 10 minutes prior to the above start time and provide
Conference ID 5620286. You may also listen to the teleconference live via
the Internet at . For those unable to attend, this web
site will host an archive of the call.
Founded in 1995, GSI Technology, Inc. is a leading provider of
high-performance static random access memory, or SRAM, products primarily
incorporated in networking and telecommunications equipment. Headquartered
in Sunnyvale, California, GSI Technology is ISO 9001 certified and has
worldwide factory and sales locations. For more information, please visit
.
This press release contains forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended. All
forward-looking statements included in this press release are based upon
information available to GSI Technology as of the date hereof, and GSI
Technology assumes no obligation to update any such forward-looking
statements. Forward-looking statements involve a variety of risks and
uncertainties, which could cause actual results to differ materially from
those projected. These risks include those associated with the normal
quarterly financial closing process, which could result in adjustments to
the preliminary third-quarter fiscal 2015 revenues contained in this
release. Further information regarding other risks relating to GSI
Technology–s business is contained in the Company–s filings with the
Securities and Exchange Commission, including those factors discussed under
the caption “Risk Factors” in such filings.
Contacts:
Douglas M. Schirle
Chief Financial Officer
408-331-9802
Hayden IR
Mr. Dave Fore or Mr. Brett Maas
206-395-2711
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