GCT Semiconductor (NYSE:GCTS - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Wednesday, May 14th. Analysts expect GCT Semiconductor to post earnings of ($0.10) per share and revenue of $1.87 million for the quarter.
GCT Semiconductor (NYSE:GCTS - Get Free Report) last released its quarterly earnings results on Tuesday, March 25th. The company reported ($0.11) earnings per share for the quarter, topping analysts' consensus estimates of ($0.15) by $0.04. The business had revenue of $2.03 million during the quarter, compared to analyst estimates of $2.03 million. On average, analysts expect GCT Semiconductor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
GCT Semiconductor Stock Up 8.9%
Shares of GCT Semiconductor stock traded up $0.14 during mid-day trading on Monday, reaching $1.66. 128,047 shares of the stock traded hands, compared to its average volume of 231,579. The business has a 50-day moving average of $1.60 and a 200 day moving average of $2.10. The stock has a market capitalization of $79.85 million, a PE ratio of -6.37 and a beta of 1.24. GCT Semiconductor has a fifty-two week low of $1.16 and a fifty-two week high of $5.94.
Wall Street Analysts Forecast Growth
Separately, B. Riley cut their target price on GCT Semiconductor from $8.00 to $5.00 and set a "buy" rating on the stock in a research report on Monday, February 3rd.
Read Our Latest Stock Report on GCTS
GCT Semiconductor Company Profile
(
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GCT Semiconductor Holding, Inc, operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro.
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