GigaCloud Tech Q2 Adj. EPS $1.65 Beats $0.81 Estimate, Sales $411.643M Beat $380.600M Estimate
GigaCloud Tech (NASDAQ:GCT) reported quarterly earnings of $1.65 per share which beat the analyst consensus estimate of $0.81 by 103.7 percent. This is a 44.74 percent increase over earnings of $1.14 per share from the same period last year. The company reported quarterly sales of $411.643 million which beat the analyst consensus estimate of $380.600 million by 8.16 percent. This is a 27.60 percent increase over sales of $322.606 million the same period last year.
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