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0.00359389038634314 0.0610961365678347 0.0503144654088051 0.000350404312668445 0.00886792452830181 -0.0494159928122193 -0.132973944294699 -0.159029649595687
Stock impact report

GSI Technology, Inc. Announces Second Quarter Fiscal 2026 Results

GSI Technology, Inc. (GSIT) 
US:NASDAQ Investor Relations: gsitechnology.com
Company Research Source: GlobeNewswire
SUNNYVALE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT) today reported financial results for its second fiscal quarter ended September 30, 2025. Summary Comments for Second Quarter Fiscal Year 2026 Revenue increased 3% sequentially and 42% year-over-year, fueled by strong market momentum for leading SRAM solutions;Quarter-end cash balance of $25.3 million, up from $13.4 million at the end of Q4 FY2025, including proceeds from the “at-the-market” (ATM) program;Subsequent to quarter-end, closed a registered direct offering for gross proceeds of $50 million;The Space Development Agency awarded an additional $752,000 under our existing SBIR to characterize our current Gemini-II die for radiation tolerance; andCurrently developing a multi-modal LLM that targets edge applications, with benchmark results available by December 31, 2025. Lee-Lean Shu, Chairman and Chief Executive Officer, commented, “The recent publication of the Cornell University researc Show less Read more
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