0.12% +0.05

GSI Technology Inc (GSIT)

Overview News Price History Option Chain Financials Why GSIT Down? Discussions Forecast

Why is GSI Technology Inc (GSIT) Stock down?

We've noticed a 19.78% decline in GSI Technology Inc (GSIT) stock during the 2024-05-03 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!

27 Oct, 2023:

Shares of GSI Technology (GSIT) dropped by 18.26% from $2.41 to $1.97 in the trading on Friday, October 27. The reason why PLL is down today is due to the company's second quarter results.

Net loss: $(4.1 million)
Net loss per share, diluted: $(0.16)
Net revenues: $5.7 million
Gross margin: 54.7% These figures showed a decline in performance compared to the same quarter in the previous fiscal year.

28 Jul, 2023:

Shares of GSI Technology (GSIT) dropped by 9.07% from $4.96 to $4.51 in the trading on July 28. The reason why PLL is down today is due to the company's first fiscal quarter results.

Net revenues: $5.6 million
Gross margin: 54.9%
Operating expenses: $8.2 million
Operating loss: $(5.1 million)
Net loss: $(5.1 million)
Net loss per share, diluted: $(0.21) These figures show a year-over-year decline in performance compared to the same quarter in the previous fiscal year.