Gct Semiconductor Sales Drop 19 Percent
Gct Semiconductor (NYSE:GCTS), a fabless chip designer specializing in 4G and 5G modem solutions, reported second quarter 2025 results on August 12, 2025. The company reported GAAP net revenue of $1.2 million in Q2 FY2025, which fell significantly short of the $2.3 million analyst expectation (GAAP). GAAP earnings per share (EPS) was a loss of $(0.26) in Q2 FY2025, underperforming the analyst consensus of $(0.14) GAAP. Sharp margin contraction, elevated operating losses, and a larger net loss marked the quarter (GAAP). Management highlighted progress toward commercial 5G chipset production, but overall, the quarter reflected continued transition-related challenges and persistent financial and operational risks.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Gct Semiconductor (NYSE:GCTS) develops and supplies 4G and 5G modem chipsets for wireless devices and infrastructure. Its designs target products such as smartphones, gateways, and modules for fixed wireless access (FWA) networks, as well as the growing Internet of Things (IoT) market. The company’s proprietary multi-antenna technology enables up to eight antennas in a single device, enhancing performance and coverage for high-demand wireless applications.
Source Fool.com
