Here is the Mass release.
GSI technology , Inc. (NASDAQ:GSIT) provided an update on its financial and operational progress during its third-quarter fiscal 2024 earnings call. The company reported a net loss of $6.6 million on net revenues of $5.3 million, with a gross margin standing at 55.9%. Despite the loss, GSI Technology highlighted significant advancements in its product development, particularly in the Gemini line of processors. The completed radiation-hardened testing of the Gemini-I APU and the anticipation of sampling Gemini-II in the second half of 2024 were notable achievements. Looking ahead, the company expects Q4 net revenues to be between $4.8 million and $5.4 million, with a gross margin of approximately 55%
Here is the Mass release.GSI technology , Inc. (NASDAQ:GSIT)...
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Last updated 15.58pm 03/05/2024 ? | |||||
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