secwatch.observer — SEC 8-K summary
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Issuer:     GSI TECHNOLOGY INC (GSIT)
CIK:        0001126741
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001171843-22-006834
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSI Technology Q2 revenue up 15% YoY to $9.0M; net loss narrows to $3.2M; guides Q3 revenue $6.3-7.3M
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- Net revenues $8.95M, up 15% YoY; gross margin 62.6% vs 53.6% YoY.
- Net loss $3.2M ($0.13/sh) vs $4.6M ($0.19/sh) a year ago.
- Q3 guidance: revenue $6.3-7.3M, gross margin 53-55%, below Q2 levels.
- Cash & investments $38.9M at Sept 30, 2022; no debt.
- APU system approved by IAI/Elta; Searchium.ai SaaS platform live for trials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126741/000117184322006834/0001171843-22-006834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126741/000117184322006834/f8k_102622.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-006834

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