GSI Technology, Inc. Announces First Quarter of Fiscal Year 2027 Results
GSI Technology reported Q1 FY2027 revenue of $6.3 million, flat with the prior year and in-line with guidance, while net loss widened to $4.8 million due to increased R&D spending for its next-generation Plato processor. Cash balance strengthened to $77.0 million, bolstered by $9.3 million in ATM proceeds and $4.8 million from employee option exercises, as the company continues to invest in its Edge AI strategy.
Key figures
- Revenue
- 6312000
- Guidance
- Q2 net revenue $5.7M-$6.5M, gross margin 53%-55%
- Revenue Yoy
- 0%
- Rd expenses
- 5899000
- Cash balance
- 77045000
- Gross profit
- 3369000
- Sga expenses
- 2855000
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.