earnings
confidence high
sentiment positive
materiality 0.60
GSI Technology Q3 revenue $8.1M (+19% YoY); net loss narrows to $(4.6M); guides Q4
GSI TECHNOLOGY INC
2022-Q3 EPS reported
-$0.55
revenue$24,653,000
- Net revenues $8.07M, up 19% YoY from $6.76M; net loss $(4.58M) vs $(5.22M) YoY.
- Gross margin 55.3%, up 800 bps YoY; Q4 FY2022 guidance: rev $7.5M-$8.5M, GM 54%-56%.
- Nokia sales $1.9M (24% of rev) down from $2.8M (42%) YoY; military/defense 27.1% of shipments.
- Cash and investments $51.5M total, no debt; APU compiler stack release planned for Feb 2022.
- Supply chain constraints persist, no significant relief expected before end of calendar 2022.