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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/4/2025 | $32.00 → $15.00 | Buy → Neutral | ROTH MKM |
| 7/29/2024 | $50.00 | Buy | Lake Street |
| 5/22/2024 | $69.00 | Buy | Maxim Group |
| 6/16/2023 | $13.00 | Buy | ROTH MKM |
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., 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., April 02, 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 on March 28, 2025, its Board of Directors approved an additional $16 million to its Class A ordinary share repurchase program, bringing the total authorization to $62 million from its previously authorized $46 million. The program runs through August 28, 2025. Under the share repurchase program, the Company may purchase its ordinary shares through various means, including open market transactions, privately negotiated transactions, block trades, any com
4 - GigaCloud Technology Inc (0001857816) (Issuer)
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
10-Q - GigaCloud Technology Inc (0001857816) (Filer)
8-K - GigaCloud Technology Inc (0001857816) (Filer)
DEFA14A - GigaCloud Technology Inc (0001857816) (Filer)
SC 13D/A - GigaCloud Technology Inc (0001857816) (Subject)
SC 13G/A - GigaCloud Technology Inc (0001857816) (Subject)
SC 13G/A - GigaCloud Technology Inc (0001857816) (Subject)
-- 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
4 - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)
4 - GigaCloud Technology Inc (0001857816) (Issuer)