GSI Technology, Inc. (GSIT) Q4 2025 Earnings Call Transcript

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GSI Technology, Inc. (NASDAQ:GSIT) Q4 2025 Earnings Conference Call May 1, 2025 4:30 PM ET

Company Participants

Lee-Lean Shu - Chairman, President & Chief Executive Officer
Didier Lasserre - Vice President of Sales
Douglas Schirle - Chief Financial Officer

Conference Call Participants

Robert Christian - Acoustic Technologies
Jeff Bernstein - Silverberg Bernstein Capital

Operator

Welcome to GSI Technologies Fourth Quarter and Fiscal Year 2025 Results Conference Call. At this time, all participants are in listen-only mode. [Operator Instructions]

Before we begin today's call, the company has requested that I read the following safe harbor statement. The matters discussed in this conference call may include forward-looking statements regarding future events and the future performance of GSI Technology that involve risks and uncertainties that could cause actual results to differ materially from those anticipated. These risks and uncertainties are described in the company's Form 10-K filed with the Securities and Exchange Commission. Additionally, I have also been asked to advise you that this conference call is being recorded today, May 1, 2025, at the request of GSI Technology.

Lee-Lean Shu, the company's Chairman, President and Chief Executive Officer, will be hosting the call today. With him are Douglas Schirle, Chief Financial Officer; and Didier Lasserre, Vice President of Sales.

I would now like to turn the conference over to Mr. Shu. Please go ahead, sir.

Lee-Lean Shu

Good afternoon, and thank you for joining us to review our fourth quarter and the fiscal year 2025 financial results. Let's start with a few highlights from fiscal year 2025. We closed the fourth quarter with solid revenue growth, significantly reduced net loss and a meaningful improvement in cash burn, finished the year with $13.4 million in cash and a more disciplined operating structure.

Revenue for the fourth quarter increased by 14% year-over-year and 9% sequentially to $5.9

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