earnings
confidence high
sentiment positive
materiality 0.85
GigaCloud Q3 revenue $303.3M (+70% YoY), net income $40.7M (+68%)
GigaCloud Technology Inc
2024-Q3 EPS reported
$2.30
revenue$865,260,000
- Revenue $303.3M, up 70.2% YoY; gross profit $77.3M, up 58.1%.
- Net income $40.7M, up 68.2%; diluted EPS $0.98, up 66.1% from $0.59.
- Adjusted EBITDA $48.8M, up 63.8%; adjusted diluted EPS $1.15, up 55.4%.
- Cash and investments $260.5M as of Sept 30, up 41.4% from Dec 31, 2023.
- Marketplace GMV $1,233.6M for trailing 12 months, up 80.2% YoY.