QUOTE AND NEWS
Business Wire  Nov 10  Comment 
GSI Technology, Inc. (Nasdaq: GSIT), a leading provider of high performance static random access memory, or SRAM, products incorporated primarily in networking and telecommunications equipment, has acquired a 44,277 sq. foot (4,113 sq. meter) office
StreetInsider.com  Oct 29  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/GSI+Technology+%28GSIT%29+Tops+Q2+EPS+by+5c%3B+Guides+Slightly+Above+for+Q3+Revenues/5056457.html for the full story.
Business Wire  Oct 29  Comment 
GSI Technology, Inc. (Nasdaq: GSIT) reported its twenty-fourth consecutive quarter of profitability with net income of $2.4 million, or $0.09 per diluted share, on net revenues of $14.7 million in its second fiscal quarter ended September 30, 2009.
Business Wire  Oct 15  Comment 
GSI Technology, Inc. (Nasdaq:GSIT) will release financial results for its fiscal 2010 second quarter ended September 30, 2009 at the market close on Thursday, October 29, 2009. Management will also conduct a conference call to review the company’s
StreetInsider.com  Jul 30  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Earnings/GSI+TECHNOLOGY+%28GSIT%29+Tops+Q2+View+By+5c/4832771.html for the full story.
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TOP CONTRIBUTORS
GSIT AT A GLANCE
P/E 13.1VERY LOW
EV/EBITDA 9.31LOW
ROA 7.3%HIGH
ROE 8.3%AVG
Debt to Equity 0.143LOW
Current Ratio 5.16AVG
 
 
 
 
 
 
 
 

GSI Technology designs and manufactures high-speed, low-power Static Random Access Memory (SRAM). The majority of the company's sales come from the telecommunications and networking industries (70%-80% of annual sales come from Cisco). It was founded in San Jose, California in 1995 and went public on March 29, 2007 at $5.50 per share.

SRAM is an integral component in modern data devices such as cell phones and other consumer electronics, networking equipment such as routers and switches, as well as other telecommunications hardware.

Q2 2007 (APR-JUN 07) saw GSI's earnings cut in half due to lower than expected sales. Cicso's lean manufacturing initiative caused a decline in demand as it and its manufacturers continued to burn off inventory. The networking and telecommunications industries are also highly cyclical, leading to large swings in demand and sector growth.

Being so tightly coupled to Cisco, watch for an upswing in GSIT if Google's bid for the 700Mhz wireless spectrum pans out. Nationwide development of Google's wireless ISP business would require a vast amount of networking hardware and create strong demand for GSIT's products.




References

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