GSI Technology reported a 12% year-over-year increase in revenue to $6.1 million for the third fiscal quarter of 2026, driven by strong SRAM solutions demand. The company achieved key commercialization and validation milestones for Gemini-II, raised equity financing, and ended the quarter with a cash balance of $70.7 million.
GSI Technology reported a significant increase in net revenues and gross margin for Q1 fiscal 2026, primarily due to strong SRAM sales and an improved product mix. The company also made progress in its Gemini-II chip and APU Leda-2 board development, targeting Edge AI applications.
GSI Technology reported a strong fourth quarter with increased revenue and significantly reduced net loss, driven by strong demand for legacy SRAM chips and disciplined cost management. The company also secured an initial order for radiation-hardened SRAM, indicating future growth potential.
GSI Technology reported a 2% year-over-year increase in revenue, reaching $5.4 million, driven by strengthening core SRAM sales and increasing demand from a key customer. The company is progressing with its APU technology, with the Gemini-II chip on track for a February tape-out and plans for the next-generation Plato chip.
GSI Technology reported Q2 fiscal year 2025 revenue of $4.6 million, aligning with guidance. Gross margin was 38.6%, impacted by product mix and severance costs. The company implemented cost-cutting measures expected to yield $3.5 million in annual savings and anticipates decreased cash burn.
GSI Technology reported first quarter fiscal 2025 revenue of $4.7 million, within their guidance range, but lower than the previous year. The company is focusing on new business lines with Gemini-I and Gemini-II to reverse the revenue decline and achieve financial stability. Cash and cash equivalents were $21.8 million at the end of the quarter.
GSI Technology reported a net loss of $4.3 million on net revenues of $5.2 million for the fourth quarter of fiscal 2024. The company is undergoing a strategic review to maximize stockholder value, exploring options such as financing, asset divestiture, or a potential sale of the company.
GSI Technology reported third quarter fiscal year 2024 results, with revenue at the low end of guidance. The company achieved key milestones including radiation testing for Gemini-I and completion of Gemini-II tape out. An infrequent $2.4 million charge for a pre-production mask set for Gemini-II increased operating expenses for the quarter and contributed to a higher operating loss compared to the second quarter of fiscal 2024.
GSI Technology reported a net loss of $4.1 million, or $0.16 per diluted share, on net revenues of $5.7 million for the second quarter of fiscal 2024. Revenue was at the high end of guidance. The company is progressing with the development of its Gemini APU, including the successful launch of the alpha version of the Copperhead compiler suite and the tape-out for Gemini-II.
GSI Technology reported a net loss of $5.1 million on net revenues of $5.6 million for the first quarter of fiscal 2024. Gross margin was 54.9%. The company is focusing on securing IP licensing agreements for Gemini-II and progressing with a major hyper scaler.
GSI Technology reported a net loss of $4.0 million, or $0.16 per diluted share, on net revenues of $5.4 million for the fourth quarter of fiscal 2023. The revenue was within the company's guidance range, but the decline from the prior quarter reflects fluctuating customer order patterns related to the macroeconomic environment and inventory rationalization. Gross margin exceeded guidance due to product mix. The company ended the year with $30.6 million in cash, cash equivalents, and short-term investments.
GSI Technology reported third quarter fiscal 2023 results with revenue of $6.4 million, a net loss of $4.8 million, and a gross margin of 57.5%. The company is implementing cost-reduction initiatives expected to achieve $7 million in annualized savings.
GSI Technology reported a nearly 15% year-over-year revenue growth to $9.0 million in the second quarter of fiscal year 2023, driven by increased high-performance SRAM sales and radiation-hardened SRAM shipments. The company's gross margin increased to 62.6%, leading to a lower operating loss, with a net loss of $3.2 million. GSI's cash balance was $38.9 million as of September 30, 2022.
GSI Technology reported a net loss of $4.0 million on net revenues of $8.9 million for the first quarter of fiscal 2023. Gross margin improved to 60.2%. The company is advancing APU opportunities, with Searchium.ai expected to launch for alpha users in August and go live later in the year. They expect net revenues in a range of $8.5 million to $9.5 million, with gross margin of approximately 61% to 63% for the second fiscal quarter.
GSI Technology reported an 8% increase in revenue for the fourth quarter of fiscal year 2022, along with a gross margin improvement of 330 basis points compared to the prior quarter. The company's net loss narrowed for both the quarter and the full year. They anticipate completing the tape-out of Gemini-II by the end of calendar 2022 and launching version 2 of the Gemini-I compiler stack in July.
GSI Technology reported a net loss of $(4.6 million) on net revenues of $8.1 million for the third quarter of fiscal 2022. Revenue increased by 19% year-over-year due to higher orders from SRAM customers. Gross margin improved to 55.3% compared to 47.3% in the prior year period.
GSI Technology reported second quarter revenue of $7.8 million, at the high end of their guidance range. The company's net loss decreased year-over-year due to higher revenue and gross profit, combined with a modest increase in operating expenses.
GSI Technology reported a net loss of $4.2 million, or $0.17 per diluted share, on net revenues of $8.8 million for the first quarter of fiscal 2022. Gross margin was 54.4%.
GSI Technology reported a net loss of $5.0 million on net revenues of $7.7 million for the fourth quarter of fiscal year 2021. Gross margin was 50.2%. The company had $54.0 million in cash, cash equivalents, and short-term investments.
GSI Technology reported a net loss of $5.2 million on net revenues of $6.8 million for the third quarter of fiscal 2021. The results were significantly impacted by business disruptions related to the COVID pandemic.
GSI Technology reported a net loss of $(5.2 million), or $(0.22) per diluted share, on net revenues of $6.7 million for the second quarter of fiscal 2021. Business disruptions related to COVID have significantly impacted financial results.
GSI Technology reported a net loss of $6.1 million, or $0.26 per diluted share, on net revenues of $6.6 million for the first quarter of fiscal 2021. The results were impacted by COVID-19 restrictions. The company is focused on commercializing its Gemini APU technology.
GSI Technology reported Q4 2020 results with net revenues of $8.5 million and a net loss of $(3.8 million). The company's gross margin was 52.5%. They had $70.7 million in cash, cash equivalents, and investments with no debt. The company is developing new product lines and navigating the COVID-19 pandemic.
GSI Technology reported a net loss of $(4.6 million) on net revenues of $10.0 million for the third quarter of fiscal 2020. The company anticipates 2020 to be the year of design wins for Gemini-1™.