• GCT Semiconductor Holding Inc GCTS.N reported a quarterly adjusted loss of 15 cents​​ per share for the quarter ended March 31, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for a loss of 15 cents per share. Wall Street expected results to range from -19 cents to -7 cents per share.

• Revenue rose 287.1% to $1.92 million from a year ago; analysts expected $1.76 million.

• The company reported a quarterly loss of $9.86 million.

• GCT Semiconductor Holding Inc shares had risen by 40.4% this quarter and gained 33.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 22.8% 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy"

• Wall Street's median 12-month price target for GCT Semiconductor Holding Inc is $3.00, about 45.7% above its last closing price of $1.63

This summary was machine generated from LSEG data May 12 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)