GSI Technology Inc., headquartered in Sunnyvale, California, reported a loss of $4.3 million in its fiscal fourth quarter, which translates to 17 cents per share. Despite this setback, the chipmaker generated $5.2 million in revenue during the same period.
Over the course of the year, GSI Technology faced a loss of $20.1 million or 80 cents per share, with total revenue amounting to $21.8 million. Looking ahead to the current quarter ending in June, the company expects revenue to fall within the range of $4.6 million to $5.2 million.
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