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GSI TECHNOLOGY, INC.

(GSIT)
  Report
Delayed Nasdaq  -  04:00:00 2023-02-06 pm EST
2.000 USD   -0.50%
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GSI Technology to Announce Second Quarter Fiscal Year 2023 Results on October 27, 2022

10/12/2022 | 01:47pm EST

SUNNYVALE, Calif., Oct. 12, 2022 (GLOBE NEWSWIRE) -- GSI Technology, Inc. (Nasdaq: GSIT), developer of the Gemini ® Associative Processing Unit (APU) for AI and high-performance parallel computing (HPPC) and a leading provider of high-performance memory solutions for the networking, telecommunications and military markets, will announce financial results for its second quarter fiscal year 2023 ended September 30, 2022 after the market close on Thursday, October 27, 2022. Management will also conduct a conference call to review the Company's second quarter financial results and its current outlook for the third quarter of fiscal 2023 at 1:30 p.m. Pacific time (4:30 p.m. Eastern Time) on that same day.

To participate in the call, please dial 1-877-407-3982 in the U.S. or 1-201-493-6780 for international approximately 10 minutes prior to the above start time and provide Conference ID 13733700. The call will also be streamed live via the internet at www.gsitechnology.com. 

A replay will be available from October 27, 2022 at 7:30 p.m. Eastern Time through November 3, 2022 at 11:59 p.m. Eastern Time by dialing toll free for the U.S. 1-844-512-2921 or international 1-412-317-6671 and entering pin number 13733700. A webcast of the call will be archived on the Company’s investor relations website under the Events and Presentations tab.

ABOUT GSI TECHNOLOGY

Founded in 1995, GSI Technology, Inc. is a leading provider of semiconductor memory solutions. The Company recently launched radiation-hardened memory products for extreme environments in space and the Gemini ® Associative Processing Unit (APU), a memory-centric design that delivers significant performance advantages for diverse AI applications. The Gemini APU architecture removes the I/O bottleneck between the processors and memory arrays by performing massive parallel search directly in the memory array where data is stored. The novel architecture delivers performance-over-power ratio improvements compared to CPU, GPU, and DRAM for applications like image detection, speech recognition, e-commerce recommendation systems, and more. Gemini is an ideal solution for edge applications with a scalable format, small footprint, and low power consumption where rapid, accurate responses are critical. For more information, please visit www.gsitechnology.com. 

Contacts:

Investor Relations:
Hayden IR
Kim Rogers
385-831-7337
kim@haydenir.com 

Media Relations:
Finn Partners for GSI Technology
Ricca Silverio
415-348-2724
gsi@finnpartners.com 

Company:
GSI Technology, Inc.
Douglas M. Schirle
Chief Financial Officer
408-331-9802


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Source: GSI Technology, Inc.

2022 GlobeNewswire, Inc., source Press Releases

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Financials (USD)
Sales 2022 33,4 M - -
Net income 2022 -16,4 M - -
Net cash 2022 43,1 M - -
P/E ratio 2022 -5,69x
Yield 2022 -
Capitalization 49,1 M 49,1 M -
EV / Sales 2021 3,82x
EV / Sales 2022 1,52x
Nbr of Employees -
Free-Float 73,3%
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Managers and Directors
Lee-Lean Shu Chairman, President & Chief Executive Officer
Douglas M. Schirle Chief Financial Officer
Robert Yau Secretary, Director & Vice President-Engineering
Ping Tak Wu Vice President-US Operations
Ruey Lin Lu Independent Director
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GSI TECHNOLOGY, INC.15.61%49