tiprankstipranks
Trending News
More News >

GSI Technology Reports Improved Q3 Fiscal 2025 Results

GSI Technology Reports Improved Q3 Fiscal 2025 Results

GSI Technology ( (GSIT) ) has released its Q3 earnings. Here is a breakdown of the information GSI Technology presented to its investors.

Confident Investing Starts Here:

GSI Technology, Inc., based in Sunnyvale, California, is a leading provider of semiconductor memory solutions, focusing on products like radiation-hardened memory for extreme environments and advanced processing units for artificial intelligence applications in sectors such as defense and aerospace.

In its third fiscal quarter of 2025, GSI Technology reported a slight increase in net revenues to $5.4 million, a 2% rise year-over-year. The company highlighted a sequential revenue increase of 19% and a gross margin improvement due to stronger core SRAM sales and cost management strategies.

The company reported a net loss of $4 million, marking an improvement from the $6.6 million loss a year prior. Operating expenses were reduced significantly from the previous year, contributing to a narrower operating loss. GSI is also advancing its Gemini-II chip, aligning with key technological milestones for future growth in AI and aerospace markets.

Looking forward, GSI Technology anticipates revenue for the upcoming quarter to be between $5.4 million and $6.2 million, with gross margins expected to increase marginally to 55-57%. The company remains focused on enhancing operational efficiency and exploring strategic alternatives as it progresses with its next-generation chip developments.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App