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GSIT
NASDAQ Technology

GSI Technology Q4 Revenue Climbs 7.4%, But Net Loss Widens on Development Costs

feedReported by Reuters
Sentiment info
Neutral
Importance info
7
Price
$7.769
Mkt Cap
$294.556M
52W Low
$2.82
52W High
$18.15
Market data snapshot near publication time

summarizeSummary

GSI Technology reported a 7.4% year-over-year increase in Q4 fiscal 2026 revenue to $6.32 million, primarily driven by robust SRAM sales. Despite the revenue growth, the company posted a wider net loss of $4.82 million, or $0.13 per share, as operating expenses increased significantly due to ongoing chip development efforts. The company ended the quarter with a solid cash balance of $67.2 million and no debt. Looking ahead, GSI Technology provided Q1 fiscal 2027 revenue guidance of $5.9 million to $6.7 million, with gross margins expected between 54% and 56%. This mixed earnings report, with revenue growth offset by widening losses and forward guidance, is material for traders assessing the company's financial trajectory.

At the time of this announcement, GSIT was trading at $7.77 on NASDAQ in the Technology sector, with a market capitalization of approximately $294.6M. The 52-week trading range was $2.82 to $18.15. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.


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