secwatch.observer — SEC 8-K summary
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Issuer:     GSI TECHNOLOGY INC (GSIT)
CIK:        0001126741
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001171843-24-000418
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GSI Technology Q3 revenue $5.3M, net loss $0.26/share; guides Q4 rev $4.8-5.4M
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- Net revenue $5.3M, down 18% YoY from $6.4M; net loss $6.6M ($0.26/diluted) vs $4.8M loss YoY.
- Q3 operating expenses $9.7M include $2.4M charge for Gemini-II pre-production mask set.
- Gemini-I radiation testing meets satellite needs; Gemini-II tape out completed, sampling targeted H2 2024.
- Received $1.1M SBIR Direct-to-Phase II contract for Gemini-II; shipments for two new rad-hard SRAM programs.
- Q4 fiscal 2024 revenue guidance $4.8-5.4M with gross margin 55-57%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126741/000117184324000418/0001171843-24-000418-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126741/000117184324000418/f8k_012524.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000418

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