GSI Technology Inc (NAS:GSIT)
$ 2.8 0 (0%) Market Cap: 70.83 Mil Enterprise Value: 50.14 Mil PE Ratio: 0 PB Ratio: 1.97 GF Score: 64/100
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Q3 2023 GSI Technology Inc Earnings Call Transcript

Jan 26, 2023 / 09:30PM GMT
Release Date Price: $2 (+1.01%)
Operator

Greetings, and welcome to the GSI Technology, Inc. Third Quarter Fiscal Year 2023 Results. (Operator Instructions) As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mr. Lee-Lean Shu, Chairman, President and Chief Executive Officer. Thank you, Mr. Shu, you may begin.

Lee;Lean Shu
GSI Technology, Inc. - Co-Founder, President, CEO & Chairman

Good afternoon, and thank you for joining us to review our fiscal third quarter 2023 financial results.

Third quarter revenue of $6.4 million was within guidance, but at the lower end. Revenue growth was impacted this quarter by the uncertain outlook for the global economy. Despite this, we continue to see demand for our SRAM products and interest in our radiation hardened and radiation tolerant products.

While customer order patterns are variable right now, these fluctuations are related to economic and external factors, not changes in the market requirements for our products. Despite the lower revenue in the quarter, increased

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