GCT Semiconductor reports Q1 EPS (15c), one estimate (10c)

Reports Q1 revenue $496,000, one estimate $1.87M. “We are thrilled to have our finalized 5G chipsets in hand, as our upcoming customer sampling will act as a binary catalyst for our company and our shareholders,” said John Schlaefer, Chief Executive Officer of GCT. “I’m pleased to say that our ‘2025GCT – Year of 5G’ initiative is starting to yield positive results, as we’ve successfully accelerated the wafer fabrication and assembly processes, while further strengthening customer engagement.”