GSI TECHNOLOGY INC (GSIT) Form 8-K — Jul 30, 2026
GSI Technology reported fiscal first-quarter revenue of $6.3 million, flat compared to the prior year and in-line with company guidance. The net loss widened to $4.8 million, or $0.13 per share, driven primarily by increased research and development expenses related to its next-generation Plato processor. Despite the wider loss, the company strengthened its balance sheet with cash and equivalents rising to $77.0 million from $67.2 million in the prior quarter. This increase was fueled by $9.3 million in net proceeds from at-the-market stock sales and $4.8 million from employee stock option exercises.
Key figures
- Revenue
- 6.3
- Guidance
- net revenues in the range of $5.7 million to $6.5 million, with gross margin of approximately 53% to 55%.
- Revenue Yoy
- 0%
- Cash Position
- 77
- Rd Expenses
- 5.9
- Gross Margin Percent
- 53.4
Price after filing
Close on the filing date to close N calendar days later (from $5.50). Historical, not a forecast.
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