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Sep 30, 2020
Gsi Technology Q2 2021 Earnings Report
Reported financial results for the second quarter of fiscal year 2021
Key Takeaways
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.
Net revenues were $6.7 million for the second quarter of fiscal 2021.
Net loss was $(5.2 million), or $(0.22) per diluted share.
Gross margin was 46.7%.
Sales to Nokia were $3.4 million, or 51.7% of net revenues.
Revenue by Geographic Location
Forward Guidance
Current expectations for the upcoming third quarter are net revenues in a range of $6.0 million to $7.2 million, with gross margin of approximately 41% to 43%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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