Every material Form 8-K GSI TECHNOLOGY INC has filed with the SEC since July 30, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
GSI Technology reported second-quarter fiscal 2027 net revenue of $6.0 million, down from $6.4 million a year earlier, while its net loss widened to $7.0 million from $3.2 million. Gross margin fell below the company's own guidance, and it expects third-quarter gross margin of approximately 38% to 40%, which points to continued pressure on profitability for shareholders.
Net revenue was $6.0 million, within guidance of $5.7 million to $6.5 million, but below $6.4 million a year earlier.
Gross margin was 48.5% versus 54.8% a year earlier and below guidance of about 53% to 55%; net loss was $(0.18) per diluted share versus $(0.11).
Third-quarter fiscal 2027 outlook: net revenues of $5.0 million to $6.0 million and gross margin of about 38% to 40%, with price increases for new orders immediately and for existing backlog effective January 1, 2027.
Cash and cash equivalents were $69.2 million at September 30, 2026, versus $67.2 million at March 31, 2026.
GSI Technology's Taiwan subsidiary signed a three-year lease extension on its 25,250 square foot Chu-Pei City facility, which serves as its main Taiwan office and operations site. The company also reported results of its August 20, 2026 annual meeting, where stockholders elected five directors, ratified BDO USA, P.C. as auditor, and approved the advisory executive compensation resolution.
Lease runs September 1, 2026 to August 31, 2029, with monthly rent of NT$605,640 (approximately US$19,015) including tax
Annual meeting held August 20, 2026; all five director nominees were elected, including Elizabeth Cholawsky and Ruey L. Lu
Advisory say-on-pay resolution approved with 15,296,402 votes for and 868,466 against
BDO USA, P.C. ratified as independent registered public accounting firm for fiscal year ending March 31, 2027
GSI Technology reported first-quarter fiscal 2027 results for the quarter ended June 30, 2026, with net revenues of $6.3 million, flat from a year earlier, and a net loss of $4.8 million, or $(0.13) per diluted share, compared with a $2.2 million loss, or $(0.08) per share, a year earlier. Higher research and development spending tied to the Plato chip drove the larger loss, and the company guided second-quarter fiscal 2027 net revenues to $5.7 million to $6.5 million.
Q1 fiscal 2027 net revenues were $6.3 million, compared with $6.3 million a year earlier and $6.3 million in the prior quarter.
Gross margin was 53.4%, down from 58.1% a year earlier, mainly due to product mix.
Research and development expenses rose to $5.9 million from $3.1 million a year earlier, mostly for external design services on the Plato processor.
Cash and cash equivalents were $77.0 million at June 30, 2026, up from $67.2 million at March 31, 2026, helped by $9.3 million of ATM stock sale proceeds.
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