secwatch.observer — SEC 8-K summary
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Issuer:     GSI TECHNOLOGY INC (GSIT)
CIK:        0001126741
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001171843-22-000571
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSI Technology Q3 revenue $8.1M (+19% YoY); net loss narrows to $(4.6M); guides Q4
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126741/000117184322000571/0001171843-22-000571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126741/000117184322000571/f8k_012722.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-000571

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