GigaCloud Technology Inc. (GCT) Tops Q1 EPS by 33c, provides guidance

GigaCloud Technology Inc. (NASDAQ: GCT) reported Q1 EPS of $0.84, $0.33 better than the analyst estimate of $0.51. Revenue for the quarter came in at $251.08 million versus the consensus estimate of $235 million.

GUIDANCE:

GigaCloud Technology Inc. sees Q2 2024 revenue of $265-280 million, versus the consensus of $270.7 million. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof.

For earnings history and earnings-related data on GigaCloud Technology Inc. (GCT) click here.

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