GCT Semiconductor Holding, Inc. Reports Third Quarter 2024 Financial Results [Yahoo! Finance]
B. Riley Financial, Inc. (RILY)
NASDAQ:AMEX Investor Relations:
ir.brileyfin.com/investor-relations
Company Research
Source: Yahoo! Finance
supplier of advanced 5G and 4G semiconductor solutions, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Summary and Recent Operational Highlights Volume shipments of 5G chipsets to commence in the first half of 2025, as previously guided. Net revenues of $2.6 million, a 77.8% sequential increase from last quarter, as product revenue rebounded ahead of the anticipated 5G ramp. Delivered a gross margin of 62.3%. In discussions with potential investors to provide additional capital as we prepare for commercial launch of our 5G products. Signed a memorandum of understanding ("MOU") with a global tier one telecommunications supplier for a development collaboration on Fixed Wireless Access devices using GCT's 5G chipsets. "We are excited about the advancements we are making toward volume shipments of our 5G chipsets, which we anticipate commencing in the first half of 2025," said John Schlaefer, Chief Executive Offi
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- Lawsuit Alert: Investors Who Lost Money With B. Riley Financial, Inc. (NASDAQ:RILY) Shares Should Contact the Shareholders FoundationAccesswire
- B. Riley Financial Provides Update on Quarterly Filing Process [Yahoo! Finance]Yahoo! Finance
- B. Riley Financial Provides Update on Quarterly Filing ProcessPR Newswire
RILY
Sec Filings
- 12/12/24 - Form 8-K
- 11/26/24 - Form 8-K
- 11/21/24 - Form 8-K
- RILY's page on the SEC website