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Mar 31, 2020
Gsi Technology Q4 2020 Earnings Report
GSI Technology reported results within guidance, with net revenues of $8.5 million and a gross margin of 52.5%. A net loss of $(3.8 million) or $(0.16) per diluted share was reported.
Key Takeaways
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.
Net revenues for the fourth quarter of fiscal 2020 were $8.5 million.
The company reported a net loss of $(3.8 million), or $(0.16) per diluted share.
Gross margin was 52.5% in Q4 2020.
Cash, cash equivalents, and investments totaled $70.7 million with no debt.
Revenue by Segment
Forward Guidance
GSI Technology expects net revenues in a range of $7.0 million to $8.8 million, with gross margin of approximately 48% to 52% for the upcoming quarter.
Challenges Ahead
- Possible changes in customer buying patterns related to shelter in place restrictions.
- Communication limitations related to shelter in place restrictions.
- Uncertainty as to whether business metrics will operate consistently with historical experience.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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