tiprankstipranks
Trending News
More News >

GSI Technology Reports Revenue Growth and Strategic Advances

GSI Technology ( (GSIT) ) has released its Q4 earnings. Here is a breakdown of the information GSI Technology presented to its investors.

GSI Technology, Inc., a semiconductor memory solutions provider, focuses on innovative products like radiation-hardened memory and associative processing units for AI applications. In its latest earnings report, GSI Technology announced a 14% year-over-year revenue increase for the fourth quarter, driven by strong demand for its legacy SRAM chips. The company also highlighted a reduced net loss and lower cash burn due to disciplined cost management. Key developments include securing an initial order for radiation-hardened SRAM and advancements in their Gemini-II and Leda-2 products. The company reported fiscal year 2025 net revenues of $20.5 million, a slight decrease from the previous year, with a notable reduction in operating expenses due to cost-cutting measures. Looking ahead, GSI Technology anticipates first-quarter fiscal 2026 revenues between $5.5 million and $6.3 million, with gross margins expected to range from 56% to 58%.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App