GigaCloud Technology Inc.

GCT

KYG386441037

Internet Services

Market Closed - Nasdaq Other stock markets 21:00:00 16/05/2024 BST			5-day change	1st Jan Change
36.21 ^USD	+3.84%		-8.84%	+97.92%

05-16	GigaCloud Technology Insider Sold Shares Worth $1,033,917, According to a Recent SEC Filing	MT
05-15	GigaCloud Technology Insider Sold Shares Worth $12,700,553, According to a Recent SEC Filing	MT

GigaCloud Technology Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 30, 2023 at 09:13 pm

GigaCloud Technology Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 178.17 million compared to USD 128 million a year ago. Net income was USD 24.2 million compared to USD 0.657 million a year ago. Basic earnings per share from continuing operations was USD 0.59 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.59 compared to USD 0.01 a year ago.
For the nine months, revenue was USD 459.09 million compared to USD 364.47 million a year ago. Net income was USD 58.53 million compared to USD 11.5 million a year ago. Basic earnings per share from continuing operations was USD 1.43 compared to USD 0.29 a year ago. Diluted earnings per share from continuing operations was USD 1.43 compared to USD 0.29 a year ago.

Latest news about GigaCloud Technology Inc.

GigaCloud Technology Insider Sold Shares Worth $1,033,917, According to a Recent SEC Filing	05-16	MT
GigaCloud Technology Insider Sold Shares Worth $12,700,553, According to a Recent SEC Filing	05-15	MT
GigaCloud Technology Insider Sold Shares Worth $9,029,704, According to a Recent SEC Filing	05-14	MT
GigaCloud Technology Insider Sold Shares Worth $4,860,379, According to a Recent SEC Filing	05-10	MT
GigaCloud Technology's Shares Rise After Company Posts Higher Q1 Adjusted Earnings, Revenue	05-09	MT
Transcript : GigaCloud Technology Inc., Q1 2024 Earnings Call, May 09, 2024	05-09
GigaCloud Technology Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-09	CI
Earnings Flash (GCT) GIGACLOUD TECHNOLOGY Posts Q1 Revenue $251.1M	05-09	MT
Earnings Flash (GCT) GIGACLOUD TECHNOLOGY Reports Q1 EPS $0.84	05-09	MT
GigaCloud Technology Inc. Provides Revenue Guidance for the Second Quarter of 2024	05-09	CI
GigaCloud Technology Insider Sold Shares Worth $3,381,285, According to a Recent SEC Filing	05-08	MT
GigaCloud Technology Insider Sold Shares Worth $2,877,966, According to a Recent SEC Filing	05-06	MT
GigaCloud Technology Insider Sold Shares Worth $2,900,705, According to a Recent SEC Filing	05-02	MT
GigaCloud Technology Inc. Expands Global Fulfillment Network to Support Continued Growth of Its B2B Marketplace	04-30	CI
GigaCloud Technology Insider Sold Shares Worth $3,183,213, According to a Recent SEC Filing	04-25	MT
GigaCloud Technology Insider Sold Shares Worth $2,945,890, According to a Recent SEC Filing	04-19	MT
GigaCloud Technology Inc. Launches New Service Delivering Branding-As-A-Service "BaaS" Program	04-04	CI
Roth MKM Adjusts Price Target on GigaCloud Technology to $35 From $28, Maintains Buy Rating	04-02	MT
GigaCloud Technology Insider Sold Shares Worth $1,057,143, According to a Recent SEC Filing	04-01	MT
Anhui Yihao Commercial Management Co., Ltd announced that it has received CNY 20 million in funding from JD Logistics, Inc., GigaCloud Technology Inc.	03-28	CI
GigaCloud Technology Insider Sold Shares Worth $4,043,793, According to a Recent SEC Filing	03-22	MT
Transcript : GigaCloud Technology Inc., Q4 2023 Earnings Call, Mar 18, 2024	03-18
Sector Update: Tech Stocks Decline Premarket Friday	03-15	MT
GigaCloud Technology's Q4 Earnings, Revenue Rise; Provides Q1 Revenue Guidance; Shares Up Pre-Bell	03-15	MT
Earnings Flash (GCT) GIGACLOUD TECHNOLOGY Posts Q4 Revenue $244.7M	03-15	MT

Chart GigaCloud Technology Inc.

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Company Profile

GigaCloud Technology Inc is a holding company mainly engaged in the business to business (B2B) electronic commerce (e-commerce) business for large parcel merchandise. The Company is engaged in the operation of e-commerce platform named GigaCloud Marketplace which integrates product discovery, payments, and logistics tools. The Companyâ business areas include global furniture markets, home appliances, fitness equipment and others. In addition, the Company is engaged in the operation of warehouses. The Company also sells its products through third-party e-commerce websites.

Sector

Internet Services

Calendar

14/06/2024 - Annual General Meeting

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Ratings for GigaCloud Technology Inc.

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

36.21 USD

Average target price

44 USD

Spread / Average Target

+21.51%

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Sector E-commerce & Auction Services

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