GigaCloud reports Q2 adjusted EPS $1.14 vs. $1.03 last year

Reports Q2 revenue $322.61M vs. $310.87M last year. “Despite a challenging environment, we continue to grow and have achieved our highest quarterly revenue to date – a milestone powered by accelerating performance from our Noble House portfolio, which is now becoming a meaningful margin contributor. These results validate the strength of our Marketplace and the differentiated advantages of our Supplier Fulfilled Retailing model,” said Larry Wu, Founder, Chief Executive Officer, and Chairman. “We are attracting new Marketplace participants, expanding our European footprint as we work to grow its scale to that of the U.S. market, and enhancing our ability to transform and reinvent the way big and bulky merchandise is bought and sold through one single technology-driven platform.”