GSI Technology (NASDAQ:GSIT) Releases Quarterly Earnings Results

GSI Technology (NASDAQ:GSIT) posted its earnings results on Thursday. The semiconductor company reported ($0.21) EPS for the quarter, reports. GSI Technology had a negative net margin of 66.67% and a negative return on equity of 46.39%. The firm had revenue of $4.55 million for the quarter. GSI Technology updated its Q3 2025 guidance to EPS.

GSI Technology Price Performance

Shares of NASDAQ GSIT opened at $3.39 on Friday. GSI Technology has a 1-year low of $1.88 and a 1-year high of $6.02. The business’s 50 day moving average is $3.08 and its two-hundred day moving average is $2.97. The stock has a market capitalization of $86.28 million, a P/E ratio of -6.16 and a beta of 0.95.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of GSI Technology from a “sell” rating to a “hold” rating in a research report on Monday, August 5th.

Hedge Funds Weigh In On GSI Technology

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC bought a new stake in GSI Technology in the first quarter worth $135,000. Silverberg Bernstein Capital Management LLC raised its stake in shares of GSI Technology by 2.8% in the second quarter. Silverberg Bernstein Capital Management LLC now owns 465,974 shares of the semiconductor company’s stock valued at $1,235,000 after acquiring an additional 12,843 shares during the period. Thompson Davis & CO. Inc. bought a new stake in shares of GSI Technology in the 1st quarter worth about $42,000. Viawealth LLC boosted its stake in shares of GSI Technology by 82.4% during the 1st quarter. Viawealth LLC now owns 23,350 shares of the semiconductor company’s stock worth $79,000 after purchasing an additional 10,550 shares during the period. Finally, American Century Companies Inc. grew its holdings in GSI Technology by 42.3% during the 2nd quarter. American Century Companies Inc. now owns 19,827 shares of the semiconductor company’s stock valued at $53,000 after purchasing an additional 5,890 shares during the last quarter. Hedge funds and other institutional investors own 33.15% of the company’s stock.

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.