NASDAQ$GSIT
Gsi Technology Inc · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
GSI Technology reported results for the fourth quarter and fiscal year 2023, with revenue within guidance but impacted by macroeconomic factors and inventory rationalization.
GSI Technology reported a net loss of $4.0 million, or $0.16 per diluted share, on net revenues of $5.4 million for the fourth quarter of fiscal 2023. The revenue was within the company's guidance range, but the decline from the prior quarter reflects fluctuating customer order patterns related to the macroeconomic environment and inventory rationalization. Gross margin exceeded guidance due to product mix. The company ended the year with $30.6 million in cash, cash equivalents, and short-term investments.
- Q4 revenue was $5.4 million, within the guidance range, but declined compared to the prior quarter.
- Gross margin for Q4 exceeded guidance due to product mix.
- Net loss for Q4 was $(4.0 million), or $(0.16) per diluted share.
- Cash, cash equivalents, and short-term investments totaled $30.6 million at the end of the year.
Headline financials
Revenue & EPS history
Gsi Technology · Revenue · Quarterly
$5.38M
Revenue by segment
Gsi Technology · $4.89M total across 2 segments · Q4 2023
- SigmaQuad$2.5M—51.2%
- Military/defense$2.39M—48.8%
Forward guidance
Current expectations for the upcoming fiscal first quarter are net revenues in a range of $5.0 million to $5.8 million, with gross margin of approximately 57% to 59%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2023
-2.7%
Avg return
Earnings day
-2.5%
Avg return
5 days after
-2.4%
Avg return
30 days after
35%
23 / 65 earnings
Positive
+21.6%
Q2 2013
Best reaction
-24.7%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | +9.7% | +50.9% | -1.6% | |
| Q3 2026 | -5.8% | -13.5% | +8.2% | |
| Q2 2026 | -4.9% | -24.6% | -47.8% | |
| Q1 2026 | -13.4% | -19.5% | -32.4% | |
| Q4 2025 | +5.1% | +10.8% | -0.3% | |
| Q3 2025 | -0.4% | +7.1% | +1.8% | |
| Q2 2025 | +1.5% | +4.2% | -4.5% | |
| Q1 2025 | -14.2% | -16.6% | -20.5% | |
| Q4 2024 | -24.7% | -20.6% | -33.8% | |
| Q3 2024 | -17.2% | -12.8% | +6.6% | |
| Q2 2024 | -19.9% | -19.9% | -6.5% | |
| Q1 2024 | -9.3% | -11.7% | -33.0% | |
| Q4 2023 | -18.4% | +12.4% | +71.9% | |
| Q3 2023 | -0.5% | +3.0% | -12.6% | |
| Q2 2023 | -8.7% | -9.2% | +2.4% | |
| Q1 2023 | +0.5% | -2.4% | -14.3% | |
| Q4 2022 | -6.9% | -10.1% | +4.5% | |
| Q3 2022 | -4.1% | +3.7% | -8.4% | |
| Q2 2022 | -1.3% | +7.6% | +7.4% | |
| Q1 2022 | +6.2% | +3.1% | +12.4% | |
| Q4 2021 | +2.3% | +1.6% | +5.4% | |
| Q3 2021 | -1.0% | +1.8% | +1.2% | |
| Q2 2021 | -2.9% | -7.0% | +8.9% | |
| Q1 2021 | -11.2% | +1.2% | +1.7% | |
| Q4 2020 | +7.0% | +0.6% | +4.3% | |
| Q3 2020 | -0.7% | -3.7% | -18.5% | |
| Q2 2020 | +0.9% | +0.9% | -4.3% | |
| Q1 2020 | -6.5% | -8.5% | -8.3% | |
| Q4 2019 | +0.2% | -3.8% | +2.6% | |
| Q3 2019 | +0.1% | +0.3% | +5.2% | |
| Q2 2019 | -0.8% | -0.8% | -6.0% | |
| Q1 2019 | -0.7% | -3.8% | -6.6% | |
| Q4 2018 | +2.6% | +6.1% | +3.5% | |
| Q3 2018 | -6.6% | -7.8% | -8.9% | |
| Q2 2018 | -0.9% | +0.1% | +22.1% | |
| Q1 2018 | -9.3% | -8.5% | -20.1% | |
| Q4 2017 | -0.5% | -2.6% | +10.9% | |
| Q3 2017 | +0.2% | -3.6% | +8.8% | |
| Q2 2017 | +1.5% | -1.9% | +5.6% | |
| Q1 2017 | -5.1% | -4.1% | -4.5% | |
| Q4 2016 | +0.3% | — | — | |
| Q3 2016 | -2.8% | — | — | |
| Q2 2016 | -0.7% | — | — | |
| Q1 2016 | +3.2% | — | — | |
| Q4 2015 | -0.6% | — | — | |
| Q3 2015 | +1.3% | — | — | |
| Q2 2015 | -2.9% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | -5.8% | — | — | |
| Q3 2014 | -1.2% | — | — | |
| Q2 2014 | -5.9% | — | — | |
| Q1 2014 | +5.5% | — | — | |
| Q4 2013 | +0.3% | — | — | |
| Q3 2013 | +3.2% | — | — | |
| Q2 2013 | +21.6% | — | — | |
| Q1 2013 | +2.1% | — | — | |
| Q4 2012 | +2.4% | — | — | |
| Q4 2010 | +2.4% | — | — | |
| Q3 2011 | -0.6% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2011 | -2.2% | — | — | |
| Q2 2012 | -2.2% | — | — | |
| Q1 2012 | -10.5% | — | — | |
| Q4 2011 | -10.5% | — | — | |
| Q1 2011 | -10.5% | — | — |
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