earnings
confidence high
sentiment negative
materiality 0.60
GSI Tech Q1 revenue $4.7M, net income $1.1M from sale-leaseback gain; guides Q2 rev $4.2-4.8M
GSI TECHNOLOGY INC
2025-Q1 EPS reported
$0.04
revenue$4,671,000
- Net revenues $4.671M, down from $5.587M YoY; gross margin 46.3% vs 54.9%.
- Operating loss $4.657M; net income $1.078M ($0.04 diluted EPS) includes $5.7M one-time sale-leaseback gain.
- Cash and equivalents $21.8M, up from $14.4M at March 31, 2024; working capital $25.7M.
- Q2 FY2025 guidance: net revenues $4.2M-$4.8M, gross margin approximately 44%-46%.
- Board reduced from 7 to 6 members effective at 2024 annual meeting after director not standing for reelection.