GSI Technology (NASDAQ:GSIT) Issues Quarterly Earnings Results

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

GSI Technology Stock Performance

Shares of GSIT stock traded up $0.11 on Thursday, hitting $2.92. The company had a trading volume of 625,996 shares, compared to its average volume of 5,128,899. GSI Technology has a twelve month low of $1.95 and a twelve month high of $6.02. The firm has a market cap of $74.43 million, a P/E ratio of -4.87 and a beta of 0.98. The stock’s 50-day moving average is $3.06 and its two-hundred day moving average is $2.99.

Analyst Upgrades and Downgrades

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

GSI Technology Company Profile

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.