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GCT Semiconductor Holding (GCTS)
NYSE:GCTS
RESEARCH TOOLSreports
Earnings Data
Report Date
May 20, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.1Last Year’s EPS
0.03Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 25, 2025
|% Change Since: -33.01%
|Next Earnings Date:May 20, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant progress in reducing net loss and debt, and in advancing 5G chipset development with strategic partnerships. However, these positive aspects were balanced by a notable decline in revenue, increased expenses, and low cash reserves, creating a mixed outlook.Company Guidance
During the fourth quarter and full-year 2024 financial results call, GCT Semiconductor Holdings, Inc. provided guidance highlighting a transitional phase towards 5G chipset sales, expected to significantly impact the company's financial performance starting in the second half of 2025. The call detailed the company's Q4 2024 net revenues of $1.8 million, with a gross margin of 32.3%, and a net loss reduced to $5 million, marking a 51% improvement from Q4 2023. For the full year 2024, net revenues decreased by 43% to $9.1 million, primarily due to a reduction in LTE product sales, while the gross margin increased to 56% from 42% in 2023. Research and development expenses rose by 62% to $17.3 million, reflecting intensified 5G development efforts. The company also managed to reduce its debt by nearly 50%, from $79.9 million to $42.6 million by the end of 2024, aligning debt maturity with the anticipated 5G sales ramp. GCT emphasized its strategic focus on the 2025 GCT Year of 5G Program, aiming to accelerate 5G chipset development and production in collaboration with partners such as Globalstar, Samsung, and Kyocera. The company remains in advanced discussions for additional capital funding to support its objectives and bridge to the expected sales ramp in the second half of 2025.Reduction in Net Loss
The company reduced its net loss by 51% in Q4 2024 compared to Q4 2023, with a net loss of $5 million.
5G Chipset Development Progress
GCT Semiconductor reported being at the final stages of 5G chipset sampling and introduced the 2025 GCT Year of 5G Program to focus on development and mass production.
Debt Reduction
The company reduced its debt from $79.9 million at the start of 2024 to $42.6 million by the end of the year, aligning debt maturities with expected 5G sales ramp.
Increased Gross Margin
Gross margin increased to 56% for the year ended December 31, 2024, from 42% in 2023, due to changes in the product and revenue offering mix.
Strategic Partnerships
GCT Semiconductor announced partnerships with companies like Globalstar, Aramco Digital, Samsung, and Kyocera for 5G applications.
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GCTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GCTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 25, 2025 | $2.09 | $1.74 | -16.75% |
| Nov 14, 2024 | $2.65 | $2.31 | -12.83% |
| Aug 14, 2024 | $3.60 | $3.79 | +5.28% |
| May 14, 2024 | $5.88 | $5.52 | -6.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does GCT Semiconductor Holding (GCTS) report earnings?
GCT Semiconductor Holding (GCTS) is schdueled to report earning on May 20, 2025, TBA Not Confirmed.
What is GCT Semiconductor Holding (GCTS) earnings time?
GCT Semiconductor Holding (GCTS) earnings time is at May 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GCTS EPS forecast?
GCTS EPS forecast for the fiscal quarter 2025 (Q1) is -0.1.
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