MoSys Inc. (NASDAQ:MOSY) shares gapped up prior to trading on Monday after the company announced better than expected quarterly earnings. The stock had previously closed at $1.51, but opened at $1.54. MoSys shares last traded at $1.43, with a volume of 606,895 shares traded.

The semiconductor producer reported ($0.45) earnings per share for the quarter, topping the consensus estimate of ($0.51) by $0.06. The company had revenue of $1.38 million during the quarter. MoSys had a negative return on equity of 133.77% and a negative net margin of 363.45%.

Separately, Benchmark Co. downgraded MoSys from a “speculative buy” rating to a “hold” rating in a research report on Thursday, April 13th.

The firm’s market cap is $8.14 million. The stock has a 50 day moving average of $1.53 and a 200-day moving average of $1.33.

ILLEGAL ACTIVITY NOTICE: This story was published by Watch List News and is the sole property of of Watch List News. If you are reading this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright law. The legal version of this story can be read at

MoSys Company Profile

MoSys, Inc (MoSys), together with its subsidiaries, is a fabless semiconductor company focused on the development and sale of integrated circuits (ICs) for the high-speed networking, communications, storage and computing markets. The Company has developed approximately two IC product lines under the Bandwidth Engine and LineSpeed product names.

Receive News & Ratings for MoSys Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MoSys Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.