GSI Technology sees Q3 revenue $4.7M- $5.5M

Commenting on the outlook for GSI’s third quarter of fiscal 2025, management stated, “Our current expectations for the upcoming third quarter are net revenues in a range of $4.7 million to $5.5 million, with gross margin of approximately 50% to 52%.”We are on track to meet our deadlines for the Gemini-II benchmarking project and remain committed to fulfilling our SBIR contract with the U.S. Air Force Labs by December 31, 2024, followed by the delivery of the software algorithm in the first quarter of calendar 2025.”