GSI Technology Earnings Preview: Get Ahead of the Analysts

GSI Technology (NASDAQ:GSIT) will report earnings after markets close on Thursday, May 2nd. GSI Technology Inc. designs, develops and markets high performance SRAM, or static random access memory, integrated circuits, or ICs, for the networking and telecommunications markets.

Here is your Cheat Sheet to Gsi Technology Earnings:

Earnings Expectations: Analysts expect earnings of $0.04 per share on revenues of $16.10 million. Currently, the company’s P/E ratio stands at 49.84.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.05 to a profit $0.06. For the current year, the average estimate is a profit of $0.12, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Gsi Technology has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 53.17 62.11 67.56 97.76 82.54
Diluted EPS ($) 0.24 0.33 0.38 0.64 0.23

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 19.98 18.73 16.78 16.01 17.51
Diluted EPS ($) 0.03 0.0292 0.03 0.04 0.03

Past Performance:
Gsi Technology has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]