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BRIEF-Mosys Inc reports Q4 GAAP loss per share $2.18
March 29, 2017 / 12:15 PM / 9 months ago

BRIEF-Mosys Inc reports Q4 GAAP loss per share $2.18

March 29 (Reuters) - Mosys Inc:

* Mosys Inc reports fourth quarter and full year 2016 financial results

* Q4 non-GAAP loss per share $0.64 excluding items

* Q4 GAAP loss per share $2.18

* Q4 revenue $1.4 million versus $1.6 million

* Mosys Inc - “We are realigning our resources to focus on key, near-term opportunities and evaluate strategic alternatives”

* Mosys-“plan to initiate cost-reduction programs and limit further expenditures”, until such time that existing bandwidth engine design-win base ramps

* Mosys Inc - expect to generate higher revenue in 2017 as compared with 2016 Source text for Eikon: Further company coverage:

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