earnings
confidence high
sentiment negative
materiality 0.70
GSI Technology Q2 FY2025 revenue $4.55M, net loss $0.21/share; Q3 guidance $4.7-5.5M
GSI TECHNOLOGY INC
2025-Q2 EPS reported
-$0.17
revenue$9,221,000
- Net revenues $4.55M, down 20% YoY from $5.71M; net loss $(5.46M) vs $(4.06M) YoY.
- Gross margin fell to 38.6% from 54.7% due to product mix and severance costs from workforce cuts.
- Implemented cost-cutting measures expected to yield $3.5M annual savings; expects reduced cash burn.
- Q3 FY2025 guidance: revenue $4.7-5.5M, gross margin approx 50-52%; management sees SRAM turnaround.
- Cash and equivalents $18.4M at Sept 30, up from $14.4M at March 31; sale-leaseback gain in Q1 noted.