GSI Technology, Inc. (GSIT) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to GSI Technologies' third quarter fiscal 2026 results conference call. At this time, all participants are in listen-only mode. Later, we will conduct a question and answer session. At that time, we will provide instructions for those interested in entering the queue for the Q&A. Before we begin today's call, the company has requested that I read the following Safe Harbor statement. The matters discussed in this conference 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, January 29, 2026. at the request of GSI Technology. Leland Hsu, the company's chairman, president, and chief executive officer will be hosting the call today. With him are Douglas Shirley, chief financial officer, and Didier Lassere, vice president of sales. I would now like to turn the conference over to Mr. Hsu. Please go ahead, sir. Good afternoon, and thank you for joining us to review our third quarter physical 2026 results. I am encouraged by our overall progress this quarter. Revenue in the third quarter increased by 12% year-over-year and 28.5% on a physical year-to-day basis. Demand for our excellent products remains solid, and we expect strong sales from our largest customers in the first half of calendar 2026. After completing our financing in fall 2025, we will defend our APU roadmap. We began Plato hardware development after purchasing the required IP. We have also adde...