M N 19 Mar 2024 CMB International Global Markets | Equity Research | Company Update GigaCloud (GCT US) Riding on stepping-up of expansion Target Price US$43.0 GigaCloud (GCT) 4Q23 results beat already-high expectation, with revenue (Previous TP US$30.0) /earnings +95%/185% YoY (beating 9%/43%). Coupled with robust 1Q24E Up/Downside 25.7% guidance, we see high visibility for its strong performance in next few quarters, Current Price US$34.2 backed by continuous share gain and SKU& Sellers expansion. Leveragi ...

GigaCloud Technology Inc. (NASDAQ:GCT) Q4 2023 Earnings Conference Call March 18, 2024 8:30 AM ET Company Participants Larry Wu - Chairman, Chief Executive Officer Iman Shrock - President David Lau - Chief Financial Officer Conference Call Participants Mike - Roth MKM Sophie Huang - CMBI Brian Kintslinger - Alliance Global Partners Rommel Dionisio - Aegis Capital Operator Good day and thank you for standing by. Welcome to GigaCloud Technology’s fourth quarter and full year 2023 earnings conference call. At ...

GigaCloud Technology (GCT) Q4 2023 Earnings Call March 18, 2024 08:30 AM ET Speaker0 Good day, and thank you for standing by. Welcome to Giga Cloud Technologies fourth quarter and full year twenty twenty three earnings conference call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your ha ...

E-commerce solutions company GigaCloud Technology (GCT 23.32%) was a big winner on the stock market as the trading week came to a close. On Friday, the company's shares rocketed more than 23% higher on the back of very encouraging quarterly results. The stock's performance was night-and-day better than that of the S&P 500 index, which slumped to close 0.7% lower.Convincing beats on both the top and bottom linesFor its fourth quarter, GigaCloud took in just under $245 million in revenue; this was nearly doub ...

GigaCloud Technology Inc. (GCT) came out with quarterly earnings of $0.87 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this company would post earnings of $0.38 per share when it actually produced earnings of $0.59, delivering a surprise of 55.26%.Over the last four quarters, the co ...

In the investment arena, giant blue chips often dominate headlines. However, a quieter revolution always brews within the realm of small-cap wonders. Here, three under-the-radar entities wield the potential to deliver monumental returns and reshape entire industries. These three trailblazers are destined for greatness by 2026.Step into disruptive technologies; they rewrite the rules of business with the first one. The company is a pioneering force in B2B trading. The second one has resilience and dedication ...

Of course, TV shows and movies employ many workers behind-the-scenes to operate cameras, direct actors, conduct marketing activities and handle all of the financial details. Similarly, many e-commerce stocks rely on other companies to provide equipment, warehouses, technology and transportation services. With global e-commerce sales expected to expand at a rather brisk CAGR of 9% between 2023 and 2027, many of these behind-the-scenes players should deliver impressive returns for investors over the long-term ...

EL MONTE, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023 before the market opens on Friday, March 15, 2024. The Company will host a conference call to discuss its financial results on Monday, March 18, 2024 at 8:30 AM Eastern Time. ...

Oleksii Liskonih Investment Thesis GigaCloud Technology (NASDAQ:GCT) is a misunderstood stock. The most research investors do on this name, is look at the share price and say, ''it's up so much, therefore I missed the boat''. Where I explain what GigaCloud Technology is. And why I'm bullish on this stock. That according to my estimates, Giga is priced at 9x its forward EBITDA, while growing at approximately 40% CAGR. Even though I was clearly wrong in the past when I laid out my prior estimate: Author ...

EL MONTE, Calif., Feb. 27, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced that suppliers from new product origins in Colombia, Mexico, and Turkey have joined its B2B ecommerce platform, GigaCloud Marketplace. This addition further diversifies the platform's product offerings and optimizes global supply chain management. Three global suppliers have joined the Gi ...