DALLAS, April 14, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring GSI Technology Inc. (Nasdaq:GSIT). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/GSIT
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GSI Technology Inc. (GSIT) develops and markets static random access memory (SRAM) products that are incorporated primarily in high-performance networking and telecommunications equipment, such as routers, switches, wide area network infrastructure equipment, wireless base stations and network access equipment. In addition, the Company serves the ongoing needs of the military, industrial, test equipment and medical markets for high-performance SRAMs. It offers more than 30 basic product configurations of its SRAMs based on their basic product type and their storage densities. These basic product configurations are the basis for more than 9,500 individual products that incorporate a variety of performance specifications and optional features.
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In the report, the analyst notes:
"The growth in data, voice and video traffic has driven the need for greater networking bandwidth, resulting in the continued expansion of the networking and telecommunications infrastructure, stated GSIT in its report. As networking equipment must increasingly support advanced traffic content such as Voice over Internet Protocol (VoIP) and video streaming, demand for even higher performance Very Fast SRAMs is expected to continue to increase ...
"GSIT recently raised its revenue guidance for the fourth quarter ended March 31, 2010. On the basis of preliminary financial results, the Company now expects to report net revenues between $20.6 million and $21.2 million for its fourth fiscal quarter ended March 31, 2010. These estimated results compare to guidance of $18.3 million to $19.1 million it provided early in the quarter. The Company cautioned that these results are preliminary and subject to change."
To read the entire report visit: http://www.stockpreacher.com/n/GSIT
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