Business Context and Reporting Period
Company: GSI Technology, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: January 14, 2010
Event: Issuance of a press release updating the outlook for third-quarter fiscal 2010 revenues.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document serves solely as a notification that an outlook update was issued; the specific financial figures are contained in the attached press release (Exhibit 99.1), which is not included in the provided text.
Material Changes
The Company announced an update to its revenue outlook for the third quarter of fiscal 2010. The filing text does not specify the direction (increase or decrease) or the magnitude of this change.
Guidance, Outlook, and Risks
Outlook Update: Management issued a revision to the third-quarter fiscal 2010 revenue guidance on January 14, 2010.
Legal Disclaimer: The information in Item 2.02 and the attached press release is furnished and shall not be incorporated by reference into other filings. It is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 and is not subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933.
Investor Verification Checklist
- Review the attached press release (Exhibit 99.1) to obtain the specific revised revenue figures for fiscal Q3 2010.
- Compare the new guidance against the previously issued outlook to determine the magnitude of the change.
- Verify if the outlook update includes any changes to gross margin or operating expense expectations, as these are not detailed in the 8-K text.
- Confirm the Company's fiscal year end to accurately contextualize the "third-quarter fiscal 2010" period.