GigaCloud Technology Inc. (GCT) Reports Q1 EPS of $0.39

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Go back to GigaCloud Technology Inc. (GCT) Reports Q1 EPS of $0.39

GigaCloud Technology Inc Announces First Quarter 2023 Financial Results, Reaching Highest Profitability in the Company’s History

May 24, 2023 6:00 AM EDT

HONG KONG, May 24, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (GigaCloud or the Company), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter ended March 31, 2023.

First Quarter 2023 Financial Highlights

Total revenues were $127.8 million in the first quarter of 2023, an increase of 13.7% from $112.4 million in the first quarter of 2022.Gross profit... More