GigaCloud Technology Inc. — News

GCT Semiconductor NYSE: GCTS reported second-quarter 2026 revenue of $1 million, down 18% from $1.2 million a year earlier, as the company continued its transition from 5G chipset development to commercialization. Management said customer deployment schedules shifted during the quarter, but it maintained that engagement and long-term demand for its technology remain intact.

marketbeat.com - 2026-08-10 23:04:20

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Provides Business Update and Reports Second Quarter 2026 Financial Results.

businesswire.com - 2026-08-10 16:05:00

GigaCloud's Q2 call spotlighted 66% Europe GMV growth, New Classic integration and a new $120M buyback amid disciplined marketplace expansion.

zacks.com - 2026-08-07 11:02:11

GigaCloud Technology Inc. (GCT) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-08-06 19:54:24

GigaCloud Technology NASDAQ: GCT reported second-quarter revenue growth of 28% and record quarterly earnings per share, as the company cited marketplace expansion, European momentum and contributions from its New Classic acquisition despite continued pressure in the broader furniture market.

marketbeat.com - 2026-08-06 09:04:13

GigaCloud Technology Inc. (GCT) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.91 per share a year ago.

zacks.com - 2026-08-06 08:36:10

EL MONTE, Calif., Aug. 06, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the second quarter and six months ended June 30, 2026, reporting record second quarter revenue and earnings per share over the comparable prior year period.

globenewswire.com - 2026-08-06 06:00:00

EL MONTE, Calif., Aug. 04, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that Erica Wei, its Chief Financial Officer, will conduct one-one-one virtual meetings with investors at Oppenheimer's 29th Annual Technology, Internet & Communications conference on Tuesday, August 11, 2026.

globenewswire.com - 2026-08-04 16:05:00

GCT is likely to have faced a Q2 earnings decline despite projected revenue growth, as weak U.S. furniture demand and higher costs pressure margins.

zacks.com - 2026-08-03 15:01:05

On July 31, 2026, GigaCloud Technology Inc (GCT) shares rose 3.6% to a current price of $43.76, reflecting a significant increase over the past month with a 38.

gurufocus.com - 2026-07-31 19:58:00

EL MONTE, Calif., July 30, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it will report financial results for the 2026 second quarter ended June 30, 2026 before the market opens on Thursday, August 6, 2026. The Company will host a conference call to discuss its financial results on the same day at 8:00 AM Eastern Time.

globenewswire.com - 2026-07-30 08:00:00

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

zacks.com - 2026-07-29 10:31:23

GigaCloud Technology Inc. (GCT) concluded the recent trading session at $40.26, signifying a +2.78% move from its prior day's close.

zacks.com - 2026-07-28 18:45:54

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. to Give Business Update and Announce Second Quarter 2026 Financial Results on August 10, 2026.

businesswire.com - 2026-07-27 06:55:00

Zacks.com users have recently been watching GigaCloud Technology Inc. (GCT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

zacks.com - 2026-07-24 10:00:19

GigaCloud Technology Inc. (GCT) closed at $37.1 in the latest trading session, marking a -3.61% move from the prior day.

zacks.com - 2026-07-22 18:46:08

In the latest trading session, GigaCloud Technology Inc. (GCT) closed at $35.4, marking a +2.88% move from the previous day.

zacks.com - 2026-07-13 18:45:19

GigaCloud (GCT) is deeply undervalued despite double-digit revenue and earnings growth, a pristine balance sheet, and a unique, scalable B2B logistics platform. GCT's operational efficiency, expanding international presence, and robust free cash flow yield above 10% underpin its competitive advantage and margin stability. Management prioritizes profitable growth, maintains gross margins near 24%, and actively returns capital via buybacks, with over $77M remaining under the current program.

seekingalpha.com - 2026-07-13 12:05:56

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

zacks.com - 2026-07-13 10:32:06

GigaCloud Technology Inc. (GCT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

zacks.com - 2026-07-13 10:01:16

In the latest trading session, GigaCloud Technology Inc. (GCT) closed at $34.08, marking a +2.62% move from the previous day.

zacks.com - 2026-07-06 18:46:07

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

prnewswire.com - 2026-07-03 12:37:00

Zacks.com users have recently been watching GigaCloud Technology Inc. (GCT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

zacks.com - 2026-07-01 10:01:07

The latest trading day saw GigaCloud Technology Inc. (GCT) settling at $32.41, representing a +1.19% change from its previous close.

zacks.com - 2026-06-29 18:46:08

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

zacks.com - 2026-06-26 10:31:13

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT SEMICONDUCTOR ANNOUNCES STRATEGIC COMMITMENT TO POWERING THE AI-EDGE DATA PIPELINE.

businesswire.com - 2026-06-23 06:55:00

In the latest trading session, GigaCloud Technology Inc. (GCT) closed at $33.32, marking a -1.94% move from the previous day.

zacks.com - 2026-06-22 18:46:04

GigaCloud Technology Inc. (GCT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

zacks.com - 2026-06-19 10:01:05

The latest trading day saw GigaCloud Technology Inc. (GCT) settling at $34.1, representing a +1.94% change from its previous close.

zacks.com - 2026-06-12 18:45:25

GigaCloud Technology is recognized as a 'World Growth Leader of 2026' and delivers robust growth despite headwinds in the U.S. furniture market. GCT posted Q1 2026 revenue of $359.49M (+32% YoY), gross profit up 35%, and net income up 41%, significantly beating EPS expectations. The company's diversified global network and Supplier Fulfilled Retailing® model enable resilience and expansion beyond U.S. market weakness.

seekingalpha.com - 2026-06-11 01:55:44

EL MONTE, Calif., June 10, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that Erica Wei, its Chief Financial Officer, and Iman Schrock, its President, will present at the virtual Sidoti Small Cap Conference on Wednesday, June 17, 2026, at 11:30 a.m. ET/8:30 a.m. ET.

globenewswire.com - 2026-06-10 07:00:00

I reiterate GigaCloud Technology as a Buy with a $56 price target, implying 76% upside from the current price of $31. My main growth drivers are Europe, the 3P/SFR marketplace mix, New Classic integration, category expansion, and buybacks. In my model, I estimate these drivers can push 2027 revenue toward $1.89Bn and EPS toward $5.05.

seekingalpha.com - 2026-06-10 01:48:06

Recently, Zacks.com users have been paying close attention to GigaCloud Technology Inc. (GCT). This makes it worthwhile to examine what the stock has in store.

zacks.com - 2026-06-08 10:01:13

SAN DIEGO, Calif., June 03, 2026 (GLOBE NEWSWIRE) -- Sapu Nano and Oncotelic Therapeutics (OTCQB:OTLC) today announced the expansion of its Phase 1b clinical development program for Sapu003 (Everolimus for Injection) and the appointment of Global Clinical Trials (GCT) as the lead contract research organization supporting international execution of Study SP-03-B101.

globenewswire.com - 2026-06-03 08:30:00

EL MONTE, Calif. , June 03, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced its inclusion in TIME's World's Growth Leaders 2026 list, a global ranking of publicly listed companies demonstrating sustained revenue growth, financial strength, and long-term market performance.

globenewswire.com - 2026-06-03 07:05:00

EL MONTE, Calif., June 03, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced its inclusion in TIME's World's Growth Leaders 2026 list, a global ranking of publicly listed companies demonstrating sustained revenue growth, financial strength, and long-term market performance.

globenewswire.com - 2026-06-03 07:05:00

EL MONTE, Calif., May 28, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced Erica Wei, its Chief Financial Officer, and Iman Schrock, its President, will present at Baird's 2026 Global Consumer, Technology & Services Conference in New York City on Thursday, June 4, 2026, at 10:50 a.m.

globenewswire.com - 2026-05-28 07:00:00

Recently, Zacks.com users have been paying close attention to GigaCloud Technology Inc. (GCT). This makes it worthwhile to examine what the stock has in store.

zacks.com - 2026-05-27 10:06:06

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

zacks.com - 2026-05-22 10:31:09

EL MONTE, Calif., May 21, 2026 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced that Erica Wei, its Chief Financial Officer, will participate in one-on-one meetings with investors at the Jefferies Software, Internet & AI Conference on Wednesday, May 27, 2026.

globenewswire.com - 2026-05-21 07:00:00

GCT's EPS beat, 32% revenues jump and buybacks help it gain an edge over NABL. GCT's valuation and price performance are superior as well.

zacks.com - 2026-05-18 12:26:15

GigaCloud Technology NASDAQ: GCT founder and CEO Larry Wu said the company is continuing to scale its global B2B marketplace for large and bulky goods, particularly furniture, as it leans on growth in Europe, third-party sellers and its supplier-fulfilled retailing model.

marketbeat.com - 2026-05-17 05:04:05

GCT Semiconductor NYSE: GCTS reported higher first-quarter revenue and said its 5G chipset commercialization efforts continued to gain traction, with management pointing to increased shipments, broader customer engagement and progress across fixed wireless access, Internet of Things and non-terrestrial network markets.

marketbeat.com - 2026-05-13 00:15:27

GCT's Noble House integration, New Classic buy and fast Europe growth---plus an Otto Group marketplace deal---aim to lift its long-term revenues.

zacks.com - 2026-05-12 11:55:44

GCT's Q1 EPS jumps 53% and revenues hit $359.5M: a $365M-$390M Q2 outlook and new partnerships fuel momentum.

zacks.com - 2026-05-11 12:06:07