earnings
confidence high
sentiment neutral
materiality 0.65
GCT Semi posts Q2 revenue down 19% YoY; delivers initial 5G chipset samples, expects volume shipments in H2 2025
GCT Semiconductor Holding, Inc.
2025-Q2 EPS reported
-$0.41
revenue$1,678,000
- Net revenues $1.2M, down 19% YoY from $1.5M; gross margin fell to 32.0% from 62.7%.
- Total operating expenses flat at $8.0M; cash and equivalents $1.3M as of June 30.
- Delivered first 5G chipset samples to lead customers Orbic North America and Airspan Networks.
- Completed $11M registered direct offering; has up to $75M ATM program and ~$114M shelf availability.
- Expects to begin production of 5G chipsets in Q3 2025, volume shipments in Q4 2025.
item 2.02item 9.01