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GSI TECHNOLOGY INC — fact timeline

Source-grounded facts extracted from GSI TECHNOLOGY INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

GSIT GSI TECHNOLOGY INC JSON
Earnings Releases

GSI TECHNOLOGY INC reported the year ended March 31, 2026 results: revenue approximately $25.1 million.

“On May 7, 2026, GSI Technology, Inc. (the “Company”) disclosed the following unaudited preliminary financial results for the year ended March 31, 2026: · Net revenue of approximately $25.1 million for the year ended March 31, 2026. · Gross margin was approximately 54.5% for the year ended March 31, 2026.”
Earnings Releases

GSI TECHNOLOGY INC reported financial results for the fourth fiscal quarter and fiscal year ended March 31, 2026.

“On May 7, 2026, GSI Technology, Inc. (the “Corporation”) issued a press release announcing financial results for its fourth fiscal quarter and fiscal year ended March 31, 2026.”

Jack A. Bradley departed as Lead Independent Director, Chair of Audit Committee, Chair of Nominating and Corporate Governance Committee at GSI TECHNOLOGY INC.

“On May 29, 2025, Jack A. Bradley, a member of the Board of Directors of GSI Technology, Inc. (the “Corporation”), the lead independent director, the Chair of the Audit Committee and the Chair of the Nominating and Corporate Governance Committee, informed the Corporation that he would not stand for re-election to the Board of Directors at the Corporation’s next annual meeting of stockholders.”
Governance Changes

GSI TECHNOLOGY INC: Board of Directors decreased from six to five members (effective 2024-10-28).

“on October 28, 2024, the Board of Directors of the Corporation adopted an amendment to the amended and restated bylaws of the Corporation to decrease the size of the Board of Directors from six (6) to five (5) members, effective as of October 28, 2024.”

Robert Yau retired as Director at GSI TECHNOLOGY INC.

“On October 23, 2024, Robert Yau, a member of the Board of Directors of GSI Technology, Inc. (the “Corporation”), notified the Board of Directors of his retirement from the Board of Directors, effective immediately.”
M&A Transactions

GSI TECHNOLOGY INC completed a disposition involving D.R. Stephens & Company, LLC for $11.65 million cash (closed 2024-06-06).

“of the Company’s 1213 Elko Drive property in Sunnyvale, California (the “Sunnyvale Property”). Pursuant to the Purchase Agreement, the Company sold the Sunnyvale Property for $11.65 million cash. The foregoing descriptions are not intended to be complete descriptions of the Purchase Agreement or the transactions contemplated therein and are qualified in their”

Barbara Nelson departed as Director at GSI TECHNOLOGY INC.

“On June 9, 2024, Barbara Nelson, a member of the Board of Directors of the Company (the “Board”), the Chair of the Nominating and Governance Committee of the Board and a member of the Audit Committee of the Board, notified the Company of her decision not to stand for reelection when her current term expires at the Company’s 2024 Annual Meeting of Stockholders.”
Earnings Releases

GSI TECHNOLOGY INC reported fiscal year ended March 31, 2024 results: revenue $21.8 million, net income $(20.1) million, EPS $(0.80) per diluted share. Guidance initiated.

“For the fiscal year ended March 31, 2024, the Company reported a net loss of $(20.1) million, or $(0.80) per diluted share, on net revenues of $21.8 million”
Earnings Releases

GSI TECHNOLOGY INC reported fourth quarter of fiscal 2024 results: revenue $5.2 million, net income $(4.3) million, EPS $(0.17) per diluted share. Guidance initiated.

“The Company reported a net loss of $(4.3) million, or $(0.17) per diluted share, on net revenues of $5.2 million for the fourth quarter of fiscal 2024”
Material Agreements

GSI TECHNOLOGY INC entered into the Agreement with D.R. Stephens & Company, LLC valued at $11.85 million (effective 2024-04-02).

“On April 2, 2024, GSI Technology, Inc. (the “Company”) entered into a purchase and sale agreement (the “Agreement”) with D.R. Stephens & Company, LLC, as purchaser, to sell the Company’s 1213 Elko Drive property in Sunnyvale, California (the “Sunnyvale Property”) for $11.85 million in cash.”
Earnings Releases

GSI TECHNOLOGY INC reported fourth quarter of fiscal year 2024 results: revenue net revenues in a range of $4.8 million to $5.4 million. Guidance initiated.

“For the fourth quarter of fiscal year 2024, we anticipate net revenues in a range of $4.8 million to $5.4 million, with gross margin of approximately 55% to 57%.”
Earnings Releases

GSI TECHNOLOGY INC reported third quarter of fiscal 2024 results: revenue net revenues of $5.3 million, net income net loss of ($6.6 million), EPS ($0.26) per diluted share.

“The Company reported a net loss of ($6.6 million), or ($0.26) per diluted share, on net revenues of $5.3 million for the third quarter of fiscal 2024”
Earnings Releases

GSI TECHNOLOGY INC reported second fiscal quarter ended September 30, 2023 results: revenue $5.7 million, net income $(4.1 million), EPS $(0.16) per diluted share. Guidance initiated.

“calendar year, with sampling scheduled for the second half of the year.” Mr. Shu continued, “Turning to our financial results for the second quarter of fiscal 2024, revenue of $5.7 million was at the high end of our guidance. Also, it is worth noting that our second-quarter fiscal year 2023 revenue was boosted by inventory builds with several key customers, which”
Shareholder Votes

GSI TECHNOLOGY INC shareholders approved Advisory (non-binding) vote on frequency of future advisory votes on executive compensation at the 2023-08-24 meeting.

“A majority of the Company’s stockholders indicated on an advisory (non-binding) basis to hold an advisory stockholder vote on executive compensation annually, with the votes cast as follows: 1 Year: 14,144,985 2 Years: 22,132 3 Years: 645,999 Abstentions: 68,319 Broker Non-Votes: 4,470,603”
Shareholder Votes

GSI TECHNOLOGY INC shareholders approved Advisory (non-binding) resolution regarding fiscal 2023 compensation of named executive officers at the 2023-08-24 meeting.

“The Company’s stockholders approved an advisory (non-binding) resolution regarding the fiscal 2023 compensation of the executive officers named in the Summary Compensation Table, as disclosed in the Company’s proxy statement for the annual meeting, with the votes cast as follows: Votes For: 13,728,970 Votes Against: 1,076,901 Abstentions: 75,564 Broker Non-Votes: 4,470,603”
Shareholder Votes

GSI TECHNOLOGY INC shareholders approved Ratify the appointment of BDO USA, LLP as the independent registered public accounting firm for fiscal year ending March 31, 2024 at the 2023-08-24 meeting.

“The Company’s stockholders ratified the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2024, with the votes cast as follows: Votes For: 18,941,325 Votes Against: 333,956 Abstentions: 76,757 Broker Non-Votes: 0”
Shareholder Votes

GSI TECHNOLOGY INC shareholders approved Elect seven directors to serve on the Board of Directors until the next annual meeting at the 2023-08-24 meeting.

“The Company’s stockholders elected the following seven persons to serve on the Company’s Board of Directors until the next annual meeting of stockholders and until their respective successors are duly elected and qualified, with the votes cast as follows: Director Nominees For Withhold Broker Non-Vote Jack A. Bradley 14,594,949 286,486 4,470,603 Elizabeth Cholawsky 14,699,572 181,863 4,470,603 Haydn Hsieh 14,665,118 216,317 4,470,603 Ruey L. Lu 14,637,715 243,720 4,470,603 Barbara Nelson 14,597,883 283,552 4,470,603 Lee-Lean Shu 14,789,345 92,090 4,470,603 Robert Yau 14,818,137 63,298 4,470,603”
Earnings Releases

GSI TECHNOLOGY INC reported three months ended June 30, 2023 results: revenue $5.6 million.

“The Company estimates its total net revenue for the three months ended June 30, 2023 will be $5.6 million.”
Earnings Releases

GSI TECHNOLOGY INC reported first fiscal quarter ended June 30, 2023 results: revenue $5.6 million, net income $(5.1 million), EPS $(0.21) per diluted share. Guidance initiated.

“The Company reported a net loss of $(5.1 million), or $(0.21) per diluted share, on net revenues of $5.6 million for the first quarter of fiscal 2024, compared to a net loss of $(4.0 million), or $(0.16) per diluted share, on net revenues of $8.9 million for the first quarter of fiscal 2023 and a net loss of $(4.0 million), or $(0.16) per diluted share, on net revenues of $5.4 million for the fourth quarter of fiscal 2023.”
Material Agreements

GSI TECHNOLOGY INC entered into a lease with Tai Yuen Textile Co., Ltd. valued at approximately NT$7,056,000 (approximately US$226,500) (effective 2023-06-29).

“On June 29, 2023, GSI Technology Taiwan, Inc., a wholly-owned subsidiary of GSI Technology, Inc. (the “Company”), entered into a lease agreement with Tai Yuen Textile Co., Ltd. extending the existing lease of the Company’s 25,250 square foot facility in Chu-Pei City, Taiwan through August 31, 2026. The lease provides for annual rent of approximately NT$7,056,000 (approximately US$226,500).”
Earnings Releases

GSI TECHNOLOGY INC reported fiscal year ended March 31, 2023 results: revenue $29.7 million, net income net loss of $(16.0 million), EPS ($0.65) per diluted share. Guidance initiated.

“For the fiscal year ended March 31, 2023, the Company reported a net loss of $(16.0 million), or $(0.65) per diluted share, on net revenues of $29.7 million”
Earnings Releases

GSI TECHNOLOGY INC reported fourth quarter of fiscal 2023 results: revenue $5.4 million, net income net loss of $(4.0 million), EPS ($0.16) per diluted share. Guidance initiated.

“The Company reported a net loss of $(4.0 million), or $(0.16) per diluted share, on net revenues of $5.4 million for the fourth quarter of fiscal 2023”
Earnings Releases

GSI TECHNOLOGY INC reported third fiscal quarter ended December 31, 2022 results: revenue $6.4 million, net income ($4.8 million), EPS ($0.20) per diluted share. Guidance initiated.

“The Company reported a net loss of ($4.8 million), or ($0.20) per diluted share, on net revenues of $6.4 million for the third quarter of fiscal 2023”
Governance Changes

GSI TECHNOLOGY INC: Amended bylaws to decrease board size from 8 to 7, adopt gender-neutral terms, and enhance procedural mechanics and disclosure requirements for stockholder director nominations, including Rule 14a-19 compliance (effective 2022-12-15).

“On December 15, 2022, the Board of Directors of the Corporation adopted amendments (the “Amendments”) to the amended and restated bylaws of the Corporation (the “Restated Bylaws”).”

Kim Le resigned as Director and Audit Committee Chair at GSI TECHNOLOGY INC.

“On December 15, 2022, Kim Le, a member of the Board of Directors of GSI Technology, Inc. (the “Corporation”) and the Chair of the Audit Committee thereof, resigned from the Board of Directors and the Audit Committee for personal reasons.”
Restructurings & Charges

GSI TECHNOLOGY INC announced a restructuring with charges of $850,000 in termination costs (an approximate 15% decrease in the Company's global workforce).

“On November 30, 2022, the Board of Directors of GSI Technology, Inc. (the “Company”) approved and ratified a series of strategic cost reduction initiatives intended to better align the Company’s operational structure with its near-term and long-term goals (the “Cost Reduction Initiatives”). The Company expects the Cost Reduction Initiatives to be completed by mid-2023. The Cost Reduction Initiatives are expected to reduce the Company’s operating expenses by approximately $7.0 million on an annualized basis, primarily as a result of an approximate 15% decrease in the Company’s global workforce, salary decreases for certain retained employees, as well as targeted reductions in research and development spending. In connection with the Cost Reduction Initiatives, the Company anticipates incurring $850,000 in termination costs, including the payout of accrued vacation, which will require cash expenditures, most of which are expected to be incurred in the current fiscal year.”
Earnings Releases

GSI TECHNOLOGY INC reported second fiscal quarter ended September 30, 2022 results: revenue $9.0 million, net income $(3.2 million), EPS $(0.13) per diluted share. Guidance initiated.

“The Company reported a net loss of $(3.2 million), or $(0.13) per diluted share, on net revenues of $9.0 million for the second quarter of fiscal 2023”

Barbara Nelson was elected as Director at GSI TECHNOLOGY INC.

“In addition, Kim Le was appointed chair of the Audit Committee, newly elected director Barbara Nelson was assigned to the Nominating and Governance Committee and Jack A. Bradley was designated to serve as lead director.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.