earnings
confidence high
sentiment negative
materiality 0.65
GSI Technology Q1 net loss widens to $4.8M; revenue flat at $6.3M, guides Q2 rev $5.7M-$6.5M
GSI TECHNOLOGY INC
- Net loss of $4.8M ($0.13 diluted EPS) vs $2.2M ($0.08) YoY; operating loss $5.4M vs $2.2M.
- Revenue $6.3M flat YoY and QoQ; gross margin 53.4% down from 58.1% YoY due to product mix.
- Cash $77.0M, up from $67.2M; raised $9.3M via ATM and $4.8M from option exercises.
- Q2 FY2027 guidance: revenue $5.7M-$6.5M, gross margin 53%-55%.
- Plato tape-out on track for March 2027; AI-assisted SDK due Sep 2026; Smart City Phase I by Nov 2026.