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Gsi Technology (GSIT)
NASDAQ:GSIT
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
-0.26Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 30, 2025
|% Change Since: 25.00%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a mix of positive developments and challenges. Revenue growth and successful cost reduction efforts were notable highlights, alongside progress in product development and government contracts. However, declines in sales to key customers and the defense segment, along with continued operating losses and decreased stockholders' equity, indicate areas of concern.Company Guidance
During GSI Technology's third-quarter fiscal 2025 conference call, key metrics highlighted their financial and operational progress. The company reported revenues of $5.4 million, marking a 2% year-over-year increase and a 19% growth from the previous quarter. The gross margin stood at 54%, up from 38.6% in the prior quarter, attributed to higher revenue, product mix, and cost-cutting measures. Total operating expenses decreased to $7 million from $9.7 million the previous year, leading to a reduced operating loss of $4.1 million compared to $6.7 million a year ago. Net loss narrowed to $4 million or $0.16 per diluted share from $6.6 million or $0.26 per share in the prior year. The company's cash and cash equivalents were $15.1 million as of December 31, 2024, with working capital at $17.9 million and stockholders' equity at $29.9 million. Progress was also noted in their APU technology, with the Gemini-II's development on track for significant milestones, alongside the initiation of new chip development, Plato, aimed at AI edge solutions.Revenue Growth
The company reported revenue of $5.4 million for Q3 FY2025, representing a 2% increase year-over-year and a 19% sequential growth from the previous quarter.
Cost Reduction Success
Cost reduction initiatives resulted in a reduction in operating and net losses compared to Q3 FY2024.
SRAM Segment Momentum
Continued momentum in the SRAM segment, with growing demand for 144-meg SRAM integral to manufacturing leading AI chips.
Government Contracts and Funding
Secured a Phase 1 contract with the U.S. Army for $250,000 and progressing in multiple SBIR programs with the Department of Defense.
New Product Development
Progressing on Gemini-II and developing a new chip, Plato, targeting AI applications at the edge with low power features.
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GSIT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GSIT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 30, 2025 | $2.92 | $2.80 | -4.11% |
| Oct 24, 2024 | $3.43 | $3.39 | -1.17% |
| Jul 25, 2024 | $2.84 | $2.85 | +0.35% |
| May 02, 2024 | $3.69 | $2.96 | -19.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gsi Technology (GSIT) report earnings?
Gsi Technology (GSIT) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Gsi Technology (GSIT) earnings time?
Gsi Technology (GSIT) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GSIT EPS forecast?
Currently, no data Available
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