GCT Semiconductor Q4 revenue down 57% to $1.8M; net loss improves to $5.0M; 5G chipset shipments expected H1 2025

GCT Semiconductor Holding, Inc.

Net revenue $1.8M in Q4 2024, down 57.4% YoY from $4.2M; full year $9.1M down 43%.
Q4 net loss $5.0M improved from $10.2M; full year net loss $12.4M improved from $22.5M.
Cash and equivalents $1.4M at Dec 31, 2024; debt reduced by nearly 50% during 2024.
Reaffirms 5G chipset shipments in H1 2025; partnerships with Globalstar, Samsung, Kyocera.
CFO notes advanced discussions with potential investors for near-term capital funding.

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