NYSE$GCTS
GCT Semiconductor Holding Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Reported a sequential increase in net revenues and a higher gross margin due to changes in product mix.
GCT Semiconductor Holding, Inc. reported a decrease in net revenues compared to the same quarter last year, but experienced a sequential increase from the previous quarter. The company is progressing towards volume shipments of 5G chipsets in the first half of 2025 and has signed an MOU with a global tier one telecommunications supplier.
- Volume shipments of 5G chipsets are expected to commence in the first half of 2025.
- Net revenues increased sequentially by 77.8% from the last quarter.
- Gross margin increased to 62.3%.
- A memorandum of understanding was signed with a global tier one telecommunications supplier for 5G chipset development.
Headline financials
Revenue & EPS history
GCT · Revenue · Quarterly
$2.61M
Revenue by segment
GCT · $4.48M total across 2 segments · Q3 2023
- Product revenue$4.03M—89.9%
- Service revenue$450K—10.1%
Forward guidance
The company anticipates commencing volume shipments of 5G chipsets in the first half of 2025.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q3 2024
-5.0%
Avg return
Earnings day
-5.4%
Avg return
5 days after
-1.2%
Avg return
30 days after
22%
4 / 18 earnings
Positive
+1.2%
Q1 2026
Best reaction
-41.2%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +0.0% | -6.5% | — | |
| Q1 2026 | +1.2% | +14.4% | +58.7% | |
| Q3 2025 | -12.6% | -6.2% | +0.0% | |
| Q2 2025 | -8.3% | -6.8% | +13.5% | |
| Q1 2025 | -41.2% | -46.4% | -37.7% | |
| Q4 2024 | -16.7% | -21.5% | -30.6% | |
| Q3 2024 | -9.1% | -11.0% | +3.9% | |
| Q2 2024 | +0.8% | -5.9% | -24.7% | |
| Q1 2024 | -4.3% | -8.0% | -5.7% | |
| Q4 2023 | +0.0% | +0.2% | +0.4% | |
| Q3 2023 | +0.1% | +0.0% | -0.2% | |
| Q2 2023 | +0.0% | +0.0% | +1.1% | |
| Q1 2023 | -0.2% | -0.1% | -0.1% | |
| Q4 2022 | +0.0% | +0.4% | +0.9% | |
| Q3 2022 | +0.0% | +0.0% | +0.1% | |
| Q2 2022 | +0.0% | +0.0% | +0.5% | |
| Q1 2022 | +0.0% | +0.0% | +0.0% | |
| Q4 2021 | +0.1% | -0.1% | -0.4% |
Discussion
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