4 - GigaCloud Technology Inc (0001857816) (Issuer)

EL MONTE, Calif., Dec. 03, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it has entered into a definitive Share Purchase Agreement to acquire 100% of the outstanding equity of New Classic Home Furnishings, Inc. The terms of the agreement remain unchanged from those previously disclosed on October 24, with a total consideration of $18 million on a debt-free basis, including a post-close earn-out. The transaction will be funded from GigaCloud's existing cash on hand. The Board of Directors of GigaCloud has unanimously approved the transa

EL MONTE, Calif., Dec. 03, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that Erica Wei, its Chief Financial Officer, and Iman Schrock, its President, will conduct one-on-one meetings with investors at the 14th Annual ROTH Deer Valley Event, being held from December 10 through December 13 in Park City, Utah. To schedule a meeting, please contact your ROTH representative or PondelWilkinson at [email protected]. About GigaCloud Technology Inc GigaCloud Technology Inc is a pioneer of global end-to-end B2B technology solutions for large parce

EL MONTE, Calif., Nov. 24, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that Larry Wu, it's Founder and Chief Executive Officer, and Erica Wei, its Chief Financial Officer, will conduct one-on-one meetings with investors at the 2025 UBS Global Technology and AI Conference, being held from December 1 through December 4 in Scottsdale, Arizona. To schedule a meeting, please contact your UBS representative or PondelWilkinson at [email protected]. About GigaCloud Technology Inc GigaCloud Technology Inc is a pioneer of global end-to-end B2B te

EL MONTE, Calif., Nov. 17, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it has been recognized on Forbes' prestigious list of America's Most Successful Small-Cap Companies 2026. This marks the second consecutive year that GigaCloud has been included in the annual ranking, following its No. 1 placement in 2025. "Being named to Forbes' list for the second consecutive year signifies broad recognition of the strength and durability of the GigaCloud Marketplace ecosystem," said Larry Wu, Founder and Chief Executive Officer. "In an era of r

EL MONTE, Calif., Nov. 12, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that Iman Schrock, its President, and Erica Wei, its Chief Financial Officer, will participate in the 14th Annual Roth Technology Conference on Wednesday, November 19, 2025 in New York City. The Conference consists of one-on-one meetings with investors. To schedule a meeting, please contact your Roth representative or PondelWilkinson at [email protected]. About GigaCloud Technology Inc GigaCloud Technology Inc is a pioneer of global end-to-end B2B technology solution

—  Achieves Record Quarterly Revenue and EPS Despite Challenging Environment  — EL MONTE, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the third quarter and nine months ended September 30, 2025. Third Quarter 2025 Financial Highlights Total revenues of $332.6 million, increased 9.7% year-over-year.Gross profit of $77.0 million, decreased 0.4% year-over-year.Gross margin was 23.2%, compared to 25.5% in the third quarter of 2024.Net income of $37.2 million, decreased 8.6% year-over-year.Net income ma

EL MONTE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it will report its financial results for the third quarter and nine months ended September 30, 2025 after the market closes on Thursday, November 6, 2025. The Company will host a conference call to discuss its financial results on the same day at 6:00 PM Eastern Time. To access the conference call, participants should pre-register here to receive the dial-in information and a unique PIN. All participants are encouraged to dial-in 15 minutes prior to the conference

EL MONTE, Calif., Oct. 24, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced its entry into a binding term sheet for the acquisition of 100% of outstanding equity interest of New Classic Home Furnishing, Inc. ("New Classic") for $18 million. Headquartered in Fontana, California, New Classic is a profitable U.S.-based furniture distributor with 25 years of history, primarily servicing brick-and-mortar retailers across North America. New Classic generates approximately $70 million in annual revenues by offering a diverse portfolio of over 2,000 a

EL MONTE, Calif., Sept. 10, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that Erica Wei, its Chief Financial Officer, will present at Sidoti's Small Cap Virtual Conference on Wednesday, September 17, 2025, at 11:30 a.m. ET/8:30 a.m. PT. The presentation will be webcast at https://investors.gigacloudtech.com/ and will be available for replay for 90 days after the live event ends. GigaCloud will also conduct one-on-one meetings with investors at the conference on September 17 and 18. To schedule a meeting, please contact your Sidoti represe

EL MONTE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced—on the third anniversary of its IPO—that its Board of Directors has authorized a new share repurchase program to repurchase up to $111 million of its Class A ordinary shares over the next three years. The program goes into effect on August 17, 2025 while the previous program is terminated. "We are very pleased to report that our share price has appreciated by 163% since our $41 million IPO in 2022 (as of August 15, 2025)," said Larry Wu, Founder, Chief Executive Office

ROTH MKM downgraded GigaCloud Technology from Buy to Neutral and set a new price target of $15.00 from $32.00 previously

Lake Street initiated coverage of GigaCloud Technology Inc. with a rating of Buy and set a new price target of $50.00

Maxim Group initiated coverage of GigaCloud Technology Inc. with a rating of Buy and set a new price target of $69.00

ROTH MKM initiated coverage of GigaCloud Technology Inc. with a rating of Buy and set a new price target of $13.00

—  Achieves Record Quarterly Revenue and EPS Despite Challenging Environment  — EL MONTE, Calif., Nov. 06, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the third quarter and nine months ended September 30, 2025. Third Quarter 2025 Financial Highlights Total revenues of $332.6 million, increased 9.7% year-over-year.Gross profit of $77.0 million, decreased 0.4% year-over-year.Gross margin was 23.2%, compared to 25.5% in the third quarter of 2024.Net income of $37.2 million, decreased 8.6% year-over-year.Net income ma

EL MONTE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it will report its financial results for the third quarter and nine months ended September 30, 2025 after the market closes on Thursday, November 6, 2025. The Company will host a conference call to discuss its financial results on the same day at 6:00 PM Eastern Time. To access the conference call, participants should pre-register here to receive the dial-in information and a unique PIN. All participants are encouraged to dial-in 15 minutes prior to the conference

EL MONTE, Calif., Aug. 07, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the second quarter and six months ended June 30, 2025. Second Quarter 2025 Financial Highlights Total revenues of $322.6 million, increased 3.8% year-over-year.Gross profit of $76.9 million, increased 0.7% year-over-year.Gross margin was 23.9%, compared to 24.6% in the second quarter of 2024.Net income of $34.6 million, increased 28.1% year-over-year.Net income margin was 10.7%, compared to 8.7% in the second quart

EL MONTE, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced that it will report its financial results for the second quarter and six months ended June 30, 2025 after the market closes on Thursday, August 7, 2025. The Company will host a conference call to discuss its financial results on the same day at 6:30 PM Eastern Time. To access the conference call, participants should pre-register here to receive the dial-in information and a unique PIN. All participants are encouraged to dial-in 15 minutes prior to the confere

EL MONTE, Calif., May 12, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the first quarter ended March 31, 2025, including sustained revenue and GMV growth over the comparable prior year period. First Quarter 2025 Financial Highlights Total revenues of $271.9 million, increased 8.3% year-over-year.Gross profit of $63.7 million, decreased 4.2% year-over-year.Gross margin was 23.4%, compared to 26.5% in the first quarter of 2024.Net income of $27.1 million, in line with $27.2 million reported in the prior-year period.Net

EL MONTE, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc. (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced that it will report its financial results for the first quarter ended March 31, 2025 after the market closes on Monday, May 12, 2025. The Company will host a conference call to discuss its financial results on the same day at 6:30 PM Eastern Time. To access the conference call, participants should pre-register here to receive the dial-in information and a unique PIN. All participants are encouraged to dial-in 15 minutes prior to the conference call's start ti

EL MONTE, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced financial results for the fourth quarter and fiscal year ended December 31, 2024, including a milestone achievement of surpassing $1 billion in total annual revenues for the first time in 2024, and continued robust growth in GigaCloud Marketplace GMV. Fourth Quarter 2024 Financial Highlights Total revenues of $295.8 million, increased 20.9% year-over-year.Gross profit of $65.0 million, decreased 6.9% year-over-year. Gross margin was 22.0%, compared to 28.5

EL MONTE, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2024 after the market closes on Monday, March 3, 2025. The Company will host a conference call to discuss its financial results on the same day at 5:30 PM Eastern Time. To access the conference call, participants should pre-register here to receive the dial-in information and a unique PIN. All participants are encouraged to dial-in 15 minutes prior to the confere

EL MONTE, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced financial results for the third quarter and nine months ended September 30, 2024, including strong growth in revenues, gross profit, net income, and adjusted EBITDA over the comparable period last year. Third Quarter 2024 Financial Highlights Total revenues of $303.3 million increased 70.2% from $178.2 million for the third quarter of 2023.Gross profit of $77.3 million increased 58.1% from $48.9 million for the third quarter of 2023. Gross margin was 25.5%, c

EL MONTE, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024 after the market closes on Thursday, November 7, 2024. The Company will host a conference call to discuss its financial results on the same day at 7:30 PM Eastern Time. To access the conference call, participants should pre-register here to receive the dial-in information and a unique PIN. All participants are encouraged to dial-in 15 minutes prior to the conference call'

EL MONTE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced the appointment of industry leader Kerry Lebensburger to its Board of Directors (the "Board"), effective August 17, 2025, succeeding retiring member Lorri Kelley. GigaCloud's Board membership remains at five. Lebensburger brings decades of executive leadership experience as the former President of Ashley Furniture, one of the largest furniture companies in the U.S., where he served for nearly 30 years before retiring in 2023. During his tenure, Lebensburger advanced th

-- Bernes Succeeds Retiring Director Frank Hurst Lin after Nearly 18 Years of Service -- EL MONTE, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today announced the appointment of Marshall Bernes to its Board of Directors ("Board"), succeeding retiring member Frank Hurst Lin. With this appointment, the Board's membership remains at five. Currently the Head of GigaCloud's newly launched BaaS Program, Bernes was the Founder and former Chief Executive Officer of Noble House Home Furnishings LLC. Bernes is a reputable, widely re

EL MONTE, Calif., Feb. 27, 2024 (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 that suppliers from new product origins in Colombia, Mexico, and Turkey have joined its B2B ecommerce platform, GigaCloud Marketplace. This addition further diversifies the platform's product offerings and optimizes global supply chain management. Three global suppliers have joined the GigaCloud Marketplace as new 3P sellers, expanding the seller base in new markets and introducing new SKUs to the platform. Colombia-based Plasticos MQ will introduce a variety of home pr

HONG KONG, Feb. 27, 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 the changes to the composition of its board of directors (the "Board"). Mr. Huang Xing, who served as our non-executive director, resigned as a director of the Board for personal reason, effective December 31, 2022. Mr. Huang's resignation from the Board did not result from any disagreement with the Company, and there are no matters relating to his resignation that need to be brought to the attention of the shareholders of the Company. Mr. Huang's resignation has not affected