Benzinga | Jul 30, 2020 04:43PM EDT

GSI Technology Q1 EPS $(0.26) Misses $(0.17) Estimate, Sales $6.62M Down From $13.02M YoY

GSI Technology (NASDAQ:GSIT) reported quarterly losses of $(0.26) per share which missed the analyst consensus estimate of $(0.17) by 52.94 percent. This is a 2500 percent decrease over losses of $(0.01) per share from the same period last year. The company reported $6.62 million in sales this quarter. This is a 49.14 percent decrease over sales of $13.02 million the same period last year.