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NASDAQ:GSIT
GSI Technology Stock Earnings Reports
$3.45
-0.0200 (-0.576%)
At Close: May 09, 2025
GSI Technology Earnings Calls
Q1 2025
| Release date | May 01, 2025 |
| EPS estimate | - |
| EPS actual | -$0.0900 |
| Revenue estimate | - |
| Revenue actual | 5.883M |
Q4 2024
| Release date | Jan 30, 2025 |
| EPS estimate | - |
| EPS actual | -$0.160 |
| Revenue estimate | - |
| Revenue actual | 5.414M |
Q3 2024
| Release date | Oct 24, 2024 |
| EPS estimate | - |
| EPS actual | -$0.210 |
| Revenue estimate | - |
| Revenue actual | 4.55M |
Q2 2024
| Release date | Jul 25, 2024 |
| EPS estimate | - |
| EPS actual | -$0.140 |
| Revenue estimate | - |
| Revenue actual | 4.671M |
Last 4 Quarters for GSI Technology
Below you can see how GSIT performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
Q2 2024
| Release date | Jul 25, 2024 |
| Fiscal end date | Jun 30, 2024 |
| Price on release | $2.84 |
| EPS estimate | - |
| EPS actual | -$0.140 |
| Date | Price |
|---|---|
| Jul 19, 2024 | $2.72 |
| Jul 22, 2024 | $3.00 |
| Jul 23, 2024 | $2.97 |
| Jul 24, 2024 | $3.32 |
| Jul 25, 2024 | $2.84 |
| Jul 26, 2024 | $2.85 |
| Jul 29, 2024 | $2.94 |
| Jul 30, 2024 | $2.77 |
| Jul 31, 2024 | $2.80 |
| 4 days before | 4.41% |
| 4 days after | -1.41% |
| On release day | 0.352% |
| Change in period | 2.94% |
Q3 2024
| Release date | Oct 24, 2024 |
| Fiscal end date | Sep 30, 2024 |
| Price on release | $3.43 |
| EPS estimate | - |
| EPS actual | -$0.210 |
| Date | Price |
|---|---|
| Oct 18, 2024 | $3.82 |
| Oct 21, 2024 | $3.60 |
| Oct 22, 2024 | $3.54 |
| Oct 23, 2024 | $3.34 |
| Oct 24, 2024 | $3.43 |
| Oct 25, 2024 | $3.39 |
| Oct 28, 2024 | $3.69 |
| Oct 29, 2024 | $3.48 |
| Oct 30, 2024 | $3.21 |
| 4 days before | -10.21% |
| 4 days after | -6.41% |
| On release day | -1.17% |
| Change in period | -15.97% |
Q4 2024
| Release date | Jan 30, 2025 |
| Fiscal end date | Dec 31, 2024 |
| Price on release | $2.92 |
| EPS estimate | - |
| EPS actual | -$0.160 |
| Date | Price |
|---|---|
| Jan 24, 2025 | $3.21 |
| Jan 27, 2025 | $2.86 |
| Jan 28, 2025 | $2.91 |
| Jan 29, 2025 | $2.81 |
| Jan 30, 2025 | $2.92 |
| Jan 31, 2025 | $2.80 |
| Feb 03, 2025 | $2.84 |
| Feb 04, 2025 | $3.01 |
| Feb 05, 2025 | $3.11 |
| 4 days before | -9.03% |
| 4 days after | 6.51% |
| On release day | -4.11% |
| Change in period | -3.12% |
Q1 2025
| Release date | May 01, 2025 |
| Fiscal end date | Mar 31, 2025 |
| Price on release | $3.14 |
| EPS estimate | - |
| EPS actual | -$0.0900 |
| Date | Price |
|---|---|
| Apr 25, 2025 | $2.87 |
| Apr 28, 2025 | $2.94 |
| Apr 29, 2025 | $3.06 |
| Apr 30, 2025 | $3.22 |
| May 01, 2025 | $3.14 |
| May 02, 2025 | $3.35 |
| May 05, 2025 | $3.68 |
| May 06, 2025 | $3.40 |
| May 07, 2025 | $3.48 |
| 4 days before | 9.41% |
| 4 days after | 10.83% |
| On release day | 6.69% |
| Change in period | 21.25% |
GSI Technology Earnings Call Transcript Summary of Q1 2025
Summary of Key Points from GSI Technology's First Quarter Fiscal 2025 Earnings Call
Financial Performance:
- Revenue: The company reported Q1 revenue of $4.7 million, down from $5.6 million in Q1 FY 2024, primarily due to lower SigmaQuad sales and reduced military contracting sales.
- Gross Margin: Gross margin declined to 46.3% from 54.9% year-over-year, affected by product mix and lower revenue impacting fixed costs.
- Operating Loss: Q1 operating loss was $4.7 million, which is an improvement compared to last year’s $5.1 million loss.
- Net Income: Reported net income of $1.1 million (or $0.04 per diluted share), significantly impacted by a one-time gain from the sale and leaseback of the company's headquarters.
- Cash Position: GSI Technology ended the quarter with $21.8 million in cash, an increase from $14.4 million the previous quarter.
Strategic Initiatives and Product Development:
- Gemini-I and Gemini-II: The company is focusing on the new Gemini-I APU to offset declines in the legacy SRAM business. Key goals include launching the Gemini-II product line and securing SBIR contracts for future revenue.
- GXL Platform Launch: Preparation is underway for the launch of the GXL platform, aimed at addressing fast vector search applications, which is expected to enhance revenue streams significantly.
Pipeline Development:
- SBIR Contracts: GSI is expanding its SBIR proposal pipeline, with current contracts valued around $6 million, aimed at increasing Pentagon engagement.
- Defense Contracts: Notable ongoing projects include a $1.1 million contract with the Air Force and a $1.25 million one with the Space Development Agency, both at various completion stages.
Partnerships and Future Considerations:
- The company is seeking strategic partnerships to enhance resources for further development, particularly for Gemini-II.
- Discussions are ongoing regarding possible licensing of their technology to major telecom customers and potential buyout interests, though no formal agreements have been reached.
Market Overview:
- The targeted HAI (Human-AI Interface) market is expected to grow significantly, offering a robust opportunity for revenue generation with an anticipated addressable market in the mid $20 billion range.
Conclusion:
GSI Technology is actively pursuing new revenue streams through innovation in their product platforms, particularly in the evolving AI landscape, while navigating current operational challenges. Their strategic focus on defense contracts and partnerships signifies a proactive approach to regain growth and stability.
GSI Technology Earnings History
Earnings Calendar
FAQ
When is the earnings report for GSIT?
GSI Technology (GSIT) has scheduled its earnings report for Jul 23, 2025 after the markets close.
What is the GSIT price-to-earnings (P/E) ratio?
GSIT P/E ratio as of May 09, 2025 (TTM) is -8.33.
What is the GSIT EPS forecast?
The forecasted EPS (Earnings Per Share) for GSI Technology (GSIT) for the first fiscal quarter 2025 is $.
What are GSI Technology's retained earnings?
On its balance sheet, GSI Technology reported retained earnings of $5.88 million for the latest quarter ending Mar 31, 2025.
What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.
Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.
What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
