earnings
confidence high
sentiment neutral
materiality 0.70
GSI Technology Q4 revenue $8.7M, net loss $(0.18)/shr; guides Q1 FY2023 rev $8.5-9.5M
GSI TECHNOLOGY INC
2022-FY EPS reported
-$0.67
revenue$33,384,000
- Q4 net loss $(4.3M) or $(0.18) diluted share on revenue $8.7M, up 8% QoQ and 14% YoY.
- FY2022 revenue $33.4M (+20% YoY); net loss $(17.7M) or $(0.73) per share improved from $(0.91).
- Gross margin 58.6% in Q4 (up 330 bps QoQ, 840 bps YoY) on product mix and price increases.
- Q1 FY2023 guidance: revenue $8.5-9.5M, gross margin ~60-62%; cash + investments $47.3M, no debt.
- Gemini-II tape-out targeted by end of calendar 2022; Gemini-I v2 compiler (Python-enabled) due July 2022.