Earnings Beat: GigaCloud Technology Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]
GigaCloud Technology Inc (GCT)
Company Research
Source: Yahoo! Finance
It was overall a positive result, with revenues beating expectations by 8.1% to hit US$303m. GigaCloud Technology also reported a statutory profit of US$0.98, which was an impressive 47% above what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year. View our latest analysis for GigaCloud Technology Taking into account the latest results, the consensus forecast from GigaCloud Technology's five analysts is for revenues of US$1.31b in 2025. This reflects a notable 18% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 21% to US$3.85. Before this earnings report, the analysts had been forecasting revenues of US$1.33b and earnings per s
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News
- GigaCloud Technology Inc Ranked No. 1 on Forbes' List of ‘America's Most Successful Small-Cap Companies 2025' [Yahoo! Finance]Yahoo! Finance
- GigaCloud Technology Inc Ranked No. 1 on Forbes’ List of ‘America’s Most Successful Small-Cap Companies 2025’GlobeNewswire
- Is GigaCloud Technology (GCT) the Best Multibagger Stock to Buy Heading into 2025? [Yahoo! Finance]Yahoo! Finance
- GigaCloud Technology Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- GigaCloud Technology Inc Welcomes Industry Veteran Marshall Bernes to BoardGlobeNewswire
GCT
Earnings
- 11/7/24 - Beat
GCT
Sec Filings
- 11/21/24 - Form 3
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- GCT's page on the SEC website