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 25 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -16 cents. The lone analyst forecast for the quarter was for a loss of 19 cents per share. Wall Street expected results to range from -29 cents to -17 cents per share.

• Revenue fell 83.5% to $430.00 thousand from a year ago; analysts expected $975.67 thousand.

• GCT Semiconductor Holding Inc shares had risen by 7.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 17.4% in the last three months.​

• 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 2 "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 $4.00, about 67.5% above its last closing price of $1.30

This summary was machine generated from LSEG data March 26 at 12:42 a.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)