GigaCloud Technology Inc reports results for the quarter ended in September - Earnings Summary

GigaCloud Technology

30/11/2022 14:32

* GigaCloud Technology Inc  GCT.OQ  reported a quarterly
adjusted
loss of 1 cent​​ per share for the quarter ended in September.
The lone analyst forecast for the quarter was for a loss of 17
cents per share.
    * Revenue was $128.00 million​; analysts expected $123.50
million. 
    * GigaCloud Technology Inc's reported EPS for the quarter
was a
loss of 1 cent​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * GigaCloud Technology Inc shares had fallen by 21.7% this
quarter.
    * The company reported a quarterly loss of $28 thousand.
    * Wall Street's median 12-month price target for GigaCloud
Technology Inc is $26.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
30 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.17          -0.01          Beat