GSIT - GSI Technology Inc. (GSIT) Q4 2024 Earnings Call Transcript

2024-05-03 11:24:04 ET

GSI Technology, Inc. (GSIT)

Q4 2024 Earnings Conference Call

May 02, 2024 04:30 PM ET

Company Participants

Lee-Lean Shu - Chairman, President & Chief Executive Officer

Didier Lasserre - Vice President, Sales

Douglas Schirle - Chief Financial Officer

Conference Call Participants

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the GSI Technology's Fourth Quarter Fiscal 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and 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 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 been advised to advise you that this conference call is being recorded today May 2, 2024 at the request of GSI Technology. Hosting the call today is Lee-Lean Shu, the Company's Chairman, President and Chief Executive Officer. With him are Douglas Schirle, Chief Financial Officer, and Didier Lasserre, Vice President of Sales.

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

Lee-Lean Shu

Good afternoon, and thank you for joining us today. Let's start with some highlights from our first quarter activities. During the quarter and subsequently, we achieved significant milestones across our key initiatives. First, we launched two high-capacity low-power 1U and 2U servers, integrated with the powerful Gemini-I APU designs specifically for specifically for SAR and Fast Vector Search applications. These servers can enable mobile applications, such as print and the satellite and will offer enterprise-level processing at the edge....

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