secwatch.observer — SEC 8-K summary
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Issuer:     GigaCloud Technology Inc (GCT)
CIK:        0001857816
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001857816-24-000210
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GigaCloud Q3 revenue $303.3M (+70% YoY), net income $40.7M (+68%)
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857816/000185781624000210/0001857816-24-000210-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857816/000185781624000210/gct-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001857816-24-000210

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer