IPO Year: 2022
Exchange: NASDAQ
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/29/2024 | $50.00 | Buy | Lake Street |
5/22/2024 | $69.00 | Buy | Maxim Group |
6/16/2023 | $13.00 | Buy | ROTH MKM |
4 - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)
4/A - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)
3 - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)
144 - GigaCloud Technology Inc (0001857816) (Subject)
144 - GigaCloud Technology Inc (0001857816) (Subject)
8-K - GigaCloud Technology Inc (0001857816) (Filer)
10-Q - GigaCloud Technology Inc (0001857816) (Filer)
8-K - GigaCloud Technology Inc (0001857816) (Filer)
8-K - GigaCloud Technology Inc (0001857816) (Filer)
8-K - GigaCloud Technology Inc (0001857816) (Filer)
10-Q - GigaCloud Technology Inc (0001857816) (Filer)
8-K - GigaCloud Technology Inc (0001857816) (Filer)
144 - GigaCloud Technology Inc (0001857816) (Subject)
EL MONTE, Calif., Feb. 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 it is donating more than $1 million in home furnishings to Habitat for Humanity Greater Los Angeles to support the ReBUILD LA™ Wildfire Recovery campaign. The donation will directly benefit families who have lost their homes, helping them rebuild their lives with dignity and comfort. "Los Angeles is our home, and when people in our community lose their homes in disasters like wildfires, it impacts all of us," said Larry Wu, Founder, Chairman, and Chief Execut
EL MONTE, Calif., Dec. 17, 2024 (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 its recognition as a winner in Furniture Today's 2024 Reader Rankings across multiple categories, including "Industry's Leading Innovator," "Best Ecommerce Technology," and "Best Logistics Technology Company." "We are honored to be recognized again by Furniture Today's Reader Rankings, a powerful validation of GigaCloud's transformative impact on the industry," said Larry Wu, Founder, Chairman, and Chief Executive Officer. "As we celebrate these notable disti
-- 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., 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., Sept. 03, 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 its board of directors has approved a share repurchase program to repurchase up to $46 million of its Class A ordinary shares over the next 12 months. "We believe our shares present a compelling opportunity at their current price, and share repurchases will represent a value-enhancing deployment of capital for GigaCloud and its shareholders," said Larry Wu, Founder and Chief Executive Officer of GigaCloud. "While we anticipate continued industry-wide economic hea
EL MONTE, Calif., Aug. 08, 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 resignation of David Lau, Chief Financial Officer, to pursue other business interests effective August 19, 2024. Erica Wei, the Company's Vice President of Finance, will serve as interim Chief Financial Officer starting August 19, 2024. Lau will stay as an advisor to the Company until September 19, 2024 to assist with the transition of his duties. The appointment of Wei as interim Chief Financial Officer takes effect on the second anniversary of the Company's initi
-- Total Revenues More Than Doubled, Reaching a Record High Significant Growth in Adjusted EBITDA Reflects Enhanced Operational Efficiency and Profitability -- EL MONTE, Calif., Aug. 06, 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 second quarter and six months ended June 30, 2024, including continued robust growth in revenues, gross profit, and net income over the comparable period last year. Second Quarter 2024 Financial Highlights Total revenues of $310.9 million grew 103.1% from $153.1 million in t
EL MONTE, Calif., July 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 second quarter and six months ended June 30, 2024 after the market closes on Tuesday, August 6, 2024. The Company will host a conference call to discuss its financial results on Wednesday, August 7, at 8:00 AM 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
EL MONTE, Calif., July 01, 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 has been added to the Russell 2000® Index effective June 28, 2024, after the U.S. market close. "Being included in the Russell 2000 Index signifies GigaCloud's significant growth and the progress we have made over the last year," said Larry Wu, Founder, Chairman, and Chief Executive Officer of GigaCloud. "We take great pride in achieving this milestone, which will enhance the Company's visibility within the investment community as we continue to solidify
-- 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
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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
4 - GigaCloud Technology Inc (0001857816) (Issuer)
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'
-- Total Revenues More Than Doubled, Reaching a Record High Significant Growth in Adjusted EBITDA Reflects Enhanced Operational Efficiency and Profitability -- EL MONTE, Calif., Aug. 06, 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 second quarter and six months ended June 30, 2024, including continued robust growth in revenues, gross profit, and net income over the comparable period last year. Second Quarter 2024 Financial Highlights Total revenues of $310.9 million grew 103.1% from $153.1 million in t
EL MONTE, Calif., July 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 second quarter and six months ended June 30, 2024 after the market closes on Tuesday, August 6, 2024. The Company will host a conference call to discuss its financial results on Wednesday, August 7, at 8:00 AM 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
-- Revenue Nearly Doubled and Hit Record High; Further Accelerated GigaCloud Marketplace Across all Metrics -- EL MONTE, Calif., May 09, 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 first quarter ended March 31, 2024, including substantial growth in revenue, gross profit, and net income over the comparable prior year period. First Quarter 2024 Financial Highlights Total revenues of $251.1 million, increased 96.5% from $127.8 million in the first quarter of 2023.Gross profit of $6
EL MONTE, Calif., May 02, 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 first quarter ended March 31, 2024 before the market opens on Thursday, May 9, 2024. The Company will host a conference call to discuss its financial results on the same day at 8:00 AM 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 st
EL MONTE, Calif., March 11, 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 it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023 before the market opens on Friday, March 15, 2024. The Company will host a conference call to discuss its financial results on Monday, March 18, 2024 at 8:30 AM Eastern Time. In order to access the conference call, participants may access the registration link here. Upon registration, participants will receive the dial-in number and unique PIN, which can be
WALNUT, Calif., Nov. 16, 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 that it has completed the acquisition of a 100% equity interest of Apexis, Inc., a Florida corporation dba Wondersign ("Wondersign"), for a total cash consideration of $10.0 million, subject to customary purchase price adjustments. Wondersign is a cloud-based interactive digital signage and e-catalog management SaaS company headquartered in Tampa, Florida with access to thousands of storefronts across the United States through its customers. Wondersign develops and maintai
Net Income Increased by over 200% Period-Over-Period in First Half 2023 Revenue Increased by 18.8% Period-Over-Period in First Half 2023 WALNUT, Calif., Aug. 15, 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 and six months ended June 30, 2023. Second Quarter 2023 Financial Highlights Total revenues were $153.1 million in the second quarter of 2023, an increase of 23.5% from $124.0 million in the second quarter of 2022.Gross profit was $40.4 million in the second quarter of 2023, an increase
WALNUT, Calif., Aug. 08, 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 that it will report its unaudited financial results for the second quarter and six months ended June 30, 2023 before the market opens on Tuesday, August 15, 2023. The Company will host a conference call to discuss its financial results at 8:30 AM Eastern Time that same day. In order to access the conference call, participants may access the registration link here. Upon registration, participants will receive the dial-in number and unique PIN, which can be used to joi