secwatch.observer — SEC 8-K summary
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Issuer:     GSI TECHNOLOGY INC (GSIT)
CIK:        0001126741
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001171843-21-007273
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSI Technology Q2 FY22 revenue $7.8M, net loss $(0.19)/share; Q3 guidance $7.2-8.2M
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- Net revenues $7.8M (high end of guidance), net loss $(4.6M) or $(0.19)/diluted share.
- Gross margin 53.6% vs 46.7% prior year; Q3 gross margin guided ~52-54%.
- Nokia sales fell to $1.9M (23.8% of rev) from $3.4M (51.7%) a year ago.
- Q3 FY22 revenue guided $7.2M-$8.2M; supply chain constraints to persist into next year.
- Cash & investments $50.7M short-term, $2.8M long-term; no debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126741/000117184321007273/0001171843-21-007273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126741/000117184321007273/f8k_102721.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-007273

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer