earnings
confidence high
sentiment negative
materiality 0.75
GCT Q1 revenue $0.5M (-84.8% YoY); net loss $7.0M; 5G sampling starts end of May
GCT Semiconductor Holding, Inc.
2025-Q1 EPS reported
-$0.15
revenue$496,000
- Q1 net revenue $0.5M, down 84.8% YoY; net loss $7.0M vs net income $0.8M a year ago.
- Gross margin fell to 17.7% from 59.8% YoY; operating expenses rose 248.2% due to prior-year one-time gain.
- Cash and equivalents $1.0M at March 31; filed $200M shelf registration including $75M ATM facility.
- 5G chipset sampling to begin end of May; signed LOI with Orbic for Verizon-certified 5G module.
- Management expects 5G volume shipments in H2 2025 with ASP ~4x 4G to improve revenue and margin.