---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-005288"
form_type: "8-K"
ticker: "GSIT"
cik: "0001126741"
company_name: "GSI TECHNOLOGY INC"
filed_at: "2021-07-29T23:59:59+00:00"
generated_at: "2026-06-30T00:46:11.245120+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# GSI Technology Q1 revenue $8.8M, net loss narrows to $4.2M; guides Q2 revenue $6.9-7.9M

## Summary
- Net revenues $8.8M, up 33% YoY from $6.6M; gross margin 54.4% vs 46.1% a year ago.
- Net loss $(4.2M), or $(0.17)/diluted share, improved from $(6.1M) loss in Q1 FY2021.
- SigmaQuad sales grew to 63.6% of shipments (vs 46.3% YoY); Nokia accounted for 42.7% of revenue.
- Q2 fiscal 2022 guidance: revenue $6.9-7.9M, gross margin 51-53%, citing supply chain/COVID headwinds.
- Shipped first radiation-tolerant devices for prototype satellite; became Amazon OpenSearch partner.

## SEC filing metadata
- accession: 0001171843-21-005288
- form_type: 8-K
- ticker: GSIT
- cik: 0001126741
- company_name: GSI TECHNOLOGY INC
- filed_at: 2021-07-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126741/000117184321005288/0001171843-21-005288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126741/000117184321005288/f8k_072821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-005288
- JSON: https://secwatch.observer/filing/0001171843-21-005288.json
- Plain text: https://secwatch.observer/filing/0001171843-21-005288.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.