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GSIT Incurs Q1 Loss Due to Rising R&D Expenses, AI Push Continues

Shares of GSI Technology, Inc. GSIT have gained 30.1% since the company reported results for the quarter ended June 30, 2026, outperforming the S&P 500 index’s 6.1% gain over the same period. However, the stock has underperformed more recently, slipping 0.1% over the past month against a 2.5% incre…

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GSI Technology reports Q1 FY2027 revenue $6.3M, gross margin 53.4%, net loss $4.8M

GSI Technology reported first-quarter fiscal 2027 results with net revenues of $6.3 million, a gross margin of 53.4% and a net loss of $4.8 million, or $(0.13) per diluted share. The company ended the quarter with $77.0 million in cash and cash equivalents and working capital of $80.0 million. Mana…

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