Overview
GSI Technology fiscal Q1 revenue rises 35% yr/yr, driven by AI processor demand
Gross margin improves to 58.1%, reflecting favorable product mix and higher revenue
Company reports fiscal Q1 net loss of $2.2 mln, or $0.08 per share
Outlook
GSI Technology expects Q2 fiscal 2026 revenue of $5.9 mln to $6.7 mln
Company anticipates Q2 fiscal 2026 gross margin of 56% to 58%
GSI Technology to release multi-modal LLM benchmark results by fall 2025
Result Drivers
AI PROCESSORS - Strong market momentum for AI processors fueled a 35% yr/yr increase in SRAM revenue
GROSS MARGIN - Gross margin improved by 200 basis points sequentially and over 1,100 basis points yr/yr due to favorable product mix and higher revenue impact on fixed costs
EDGE AI DEVELOPMENT - GSI is advancing its edge AI capabilities with the Gemini-II chip and multi-modal LLM, targeting growing demand for AI at the edge
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$6.28 mln
Q1 EPS
-$0.08
Q1 Net Income
-$2.22 mln
Q1 Operating Expenses
$5.83 mln
Q1 Operating Income
-$2.18 mln
Press Release: ID:nGNX5TH5HM
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)