GSI Technology (NASDAQ:GSIT) Announces Quarterly Earnings Results

GSI Technology (NASDAQ:GSIT) released its quarterly earnings data on Thursday. The semiconductor company reported ($0.16) earnings per share (EPS) for the quarter, Zacks reports. GSI Technology had a negative net margin of 77.71% and a negative return on equity of 54.03%. GSI Technology updated its Q4 2025 guidance to EPS.

GSI Technology Price Performance

GSIT traded up $0.11 during trading on Thursday, hitting $2.92. 625,996 shares of the stock traded hands, compared to its average volume of 5,128,899. The business has a 50 day moving average price of $3.06 and a 200 day moving average price of $2.99. GSI Technology has a twelve month low of $1.95 and a twelve month high of $6.02. The company has a market cap of $74.43 million, a price-to-earnings ratio of -4.87 and a beta of 0.98.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of GSI Technology from a “hold” rating to a “sell” rating in a research report on Monday, October 28th.

About GSI Technology

GSI Technology, Inc designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. It offers associative processing unit products, which are focuses on applications using similarity search in visual search queries for ecommerce, computer vision, drug discovery, cyber security, and service markets.