GigaCloud Q1 Earnings Lower, Revenue Rises; Sets Q2 Outlook

MT Newswires Live
13 May

GigaCloud Technology (GCT) reported Q1 adjusted earnings late Monday of $0.83 per diluted share, down from $0.84 a year ago.

One analyst expected $0.46 in a FactSet poll.

Revenue for the quarter ended March 31 was $271.9 million, up from $251.1 million a year earlier.

Analysts polled by FactSet expected $259.8 million.

The company said it expects Q2 2025 revenue of between $275 million and $305 million. Analysts expected $303.2 million.

Shares of GigaCloud were up over 17% in after-hours activity.

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