GSI Technology (NASDAQ:GSIT – Get Free Report) issued its earnings results on Thursday. The semiconductor company reported ($0.16) earnings per share 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 Stock Down 4.1 %
GSIT opened at $2.80 on Friday. The business has a 50-day moving average of $3.05 and a 200-day moving average of $2.99. GSI Technology has a fifty-two week low of $1.95 and a fifty-two week high of $6.02.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of GSI Technology from a “hold” rating to a “sell” rating in a research note 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.
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