Welcome to our dedicated page for mosy news (Ticker: mosy), a resource for investors and traders seeking the latest updates and insights on mosy stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect mosy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of mosy's position in the market.
MoSys, a provider of semiconductor solutions, announced a collaboration with Achronix Semiconductor on October 26, 2021, to develop high-speed, programmable FPGA-based solutions aimed at enhancing 5G wireless and broadband networks. The partnership integrates Achronix's Speedster®7t FPGA with MoSys Stellar Packet Classification IP, enabling advanced routing, computing, and security functionalities. Key features include support for massive packet lookups and improved performance for cloud data centers and telecommunications. This strategic alliance seeks to accelerate data intelligence and optimize network efficiency.
Achronix Semiconductor Corporation and MoSys, Inc. have announced a collaboration aimed at developing high-speed, programmable, FPGA-based infrastructure solutions for 5G wireless networks, data centers, and broadband. This partnership combines Achronix's Speedster7t FPGAs with MoSys's Stellar Packet Classification Platform IP to enhance routing, computing, and security. Key features include high memory bandwidth, millions of packet classification rules, and in-memory computing capabilities. The first Speedster7t device has already shipped, showcasing impressive specifications to support various market demands.
MoSys, Inc. (NASDAQ:MOSY) has announced a definitive agreement to merge with Peraso Technologies Inc. to capitalize on growth in the 5G market. The business combination will result in Peraso stockholders holding a 61% equity interest in the new entity, which will be renamed Peraso Inc.. MoSys expects to close the deal in Q4 2021, pending regulatory and stockholder approvals. The merger aims to enhance product offerings and address challenges in mmWave technology for 5G applications, with a combined portfolio of 130 patents.
MoSys, Inc. (NASDAQ:MOSY) reported Q2 2021 financial results with total net revenue of $1.2 million, down from $1.3 million in Q1 2021 and $2.0 million in Q2 2020. Product revenue decreased to $1.0 million from $1.2 million in the prior quarter. The gross margin was 62%, slightly lower than 63% in Q1. The GAAP net loss was $1.2 million, or $0.18 per share. Cash and investments increased to $23.1 million after a direct offering. A positive outlook is anticipated for Q3 2021 revenue, projected between $1.1 million to $1.4 million.
MoSys, Inc. (NASDAQ:MOSY) has partnered with APS Networks to enhance broadband connectivity by integrating MoSys Blazar Accelerator Engines into APS's new Advanced Programmable Switches. This collaboration aims to improve user experience by increasing subscriber capacity, performance per subscriber, and simplifying design to reduce costs. MoSys's silicon offers advanced features such as in-memory computing, supporting a bandwidth of 640 Gbps and 6.5 billion transactions per second. The integration is expected to drive a significant uplift in broadband service quality and efficiency for telecoms.
MoSys, Inc. (NASDAQ:MOSY) announced the closing of a registered direct offering of 1,818,181 shares at $7.15 each, generating approximately $12 million in net proceeds. The funds will support working capital, research and development, and strategic growth initiatives, including potential acquisitions. A.G.P./Alliance Global Partners acted as the sole placement agent. This offering is part of MoSys's ongoing strategy to enhance its technology and market position, as outlined in an effective shelf registration statement with the SEC.
MoSys, Inc. (NASDAQ:MOSY) announced a definitive agreement for a registered direct offering of 1,818,181 shares at $7.15 per share, targeting gross proceeds of approximately $13 million. The funds will be allocated for working capital and general corporate purposes. The offering is set to close around June 9, 2021, pending customary conditions. A.G.P./Alliance Global Partners is the sole placement agent. The offering is conducted under an effective shelf registration statement filed with the SEC.
MoSys, Inc. (NASDAQ:MOSY) announced the integration of optimized P4 pipeline acceleration into its Stellar Packet Classification Platform. This enhancement allows for efficient data processing within 5G networks and cloud data centers. Expected for early access customers in Q3 2021, this development enables extended access control list (ACL) rule databases utilizing FPGA SRAM and HBM memories. The company emphasizes its role in the evolving P4 open-source community and its commitment to driving innovation in networking and security solutions.
MoSys, Inc. (NASDAQ:MOSY) reported first quarter 2021 financial results with total net revenue of $1.3 million, unchanged from Q1 2020 and down from $1.6 million in Q4 2020. Product revenue was $1.2 million, reflecting a decrease due to lower shipments of Bandwidth Engine products. GAAP net loss was $1.4 million, or $0.28 per share. Operating expenses rose to $2.2 million from $2.0 million in the previous quarter. The company held $11.1 million in cash as of March 31, 2021, while expecting Q2 revenue between $1.0 million and $1.3 million. Management remains optimistic about recovering markets.
MoSys, Inc. (NASDAQ:MOSY) has expanded its patent portfolio with the acquisition of five patents focused on search and classification algorithms. This move enhances MoSys's Stellar Packet Classification IP, which is designed for high-performance networking in cloud infrastructures, including 5G networks. The technology utilizes proprietary Graph Memory Engine technology, enabling support for complex applications in routing, security, and load balancing. These advancements aim to meet the growing demands of cloud data centers and new 5G networks.
