GCT Semiconductor Holding Inc reports results for the quarter ended March 31 - Earnings Summary

• GCT Semiconductor Holding Inc GCTS.N reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended March 31. The lone analyst forecast for the quarter was for a loss of 10 cents per share.

• Revenue was $496.00 thousand​; analysts expected $1.87 million.

• GCT Semiconductor Holding Inc shares had risen by 2.4% this quarter and lost 27.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 33.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for GCT Semiconductor Holding Inc is $4.50

This summary was machine generated from LSEG data May 14 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)