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.
Revenue and gross margin improved sequentially in Q4.
Gemini-I's functionality has been continuously enhanced.
Received a purchase order for rad tolerant product for demonstration satellites.
Expects net revenues in a range of $8.1 million to $9.1 million for the upcoming quarter with gross margin of approximately 54% to 56%.
GSI Technology expects net revenues in a range of $8.1 million to $9.1 million for the upcoming quarter with gross margin of approximately 54% to 56%.
Visualization of income flow from segment revenue to net income
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