GigaCloud Technology (NasdaqGM:GCT) Reports Strong Q1 Earnings With US$272 Million Revenue
GigaCloud Technology (NasdaqGM:GCT) recently announced first-quarter earnings, reporting a revenue increase to $272 million and maintaining stable earnings per share. The company also provided optimistic revenue guidance for the second quarter, expecting revenues to range between $275 million and $305 million. This positive outlook likely contributed to the company's 51% share price increase over the last month, significantly outpacing the broader market’s 3.9% rise over the same period. The...