GCT Semiconductor Holding Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-15
GCT Semiconductor Holding Inc reports results for the quarter ended September 30 - Earnings Summary
  • GCT Semiconductor Holding Inc GCTS.N reported a quarterly adjusted loss of 16 cents​​ per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 16 cents per share.

  • Revenue was $2.61 million​; analysts expected $1.54 million.

  • GCT Semiconductor Holding Inc shares had fallen by 20.9% this quarter and lost 74.9% so far this year.

FORECAST CHANGES

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the semiconductors peer group is also "buy"

Wall Street's median 12-month price target for GCT Semiconductor Holding Inc is 8.00

This summary was machine generated from LSEG data November 15 at 02:04 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Sep. 30 2024

-0.16

-0.16

Met

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