earnings
confidence high
sentiment negative
materiality 0.65
GCT reports Q1 revenue down 85% to $0.5M; 5G chipset sampling begins May 2025
GCT Semiconductor Holding, Inc.
- Net revenues $0.5M (-84.8% YoY); net loss $7.0M vs prior-year net income $0.8M (incl. $14.6M gain).
- Gross margin 17.7%, down 42.1pp from 59.8%.
- Cash and equivalents $1.0M as of March 31, 2025.
- 5G chipset sampling begins end of May 2025; LOI with Orbic for Verizon-certified 5G module.
- Filed $200M shelf registration, including $75M ATM facility, for financial flexibility.
item 8.01