GSI Technology Inc (GSIT) Files 10-K for the Fiscal Year Ended on March 31, 2020

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Jun 06, 2020
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GSI Technology Inc (GSIT, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on March 31, 2020. GSI Technology Inc develops and markets high performance memory products, including "Very Fast" static random access memory, or SRAM, and low latency dynamic random access memory, or LDRAM. GSI Technology Inc has a market cap of $173.683 million; its shares were traded at around $7.50 with and P/S ratio of 3.97. GuruFocus has detected 2 severe warning signs with GSI Technology Inc. .

For the last quarter GSI Technology Inc reported a revenue of $8.54 million, compared with the revenue of $12.69 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $43.3 million, a decrease of 15.8% from the previous year. For the complete 30-year financial data, please go here.. For the last five years GSI Technology Inc had an average revenue decline of 3.5% a year.

The reported loss per diluted share was 45 cents for the year, compared with the earnings per share of $-0.21 in the previous year. The GSI Technology Inc had an operating margin of -24.92%, compared with the operating margin of -0.35% a year before. The 10-year historical median operating margin of GSI Technology Inc is -0.72%. The profitability rank of the company is 2 (out of 10).

At the end of the fiscal year, GSI Technology Inc has the cash and cash equivalents of $51.5 million, compared with $42.5 million in the previous year. The company had no long term debt. GSI Technology Inc has a financial strength rank of 8 (out of 10).

At the current stock price of $7.50, GSI Technology Inc is traded at 38.9% premium to its historical median P/S valuation band of $5.40. The P/S ratio of the stock is 3.97, while the historical median P/S ratio is 2.57. The stock lost 9.96% during the past 12 months.

For the complete 20-year historical financial data of GSIT, click here.