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