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GigaCloud Technology Shares Rise After Q3 Results

GigaCloud Technology Shares Rise After Q3 Results

MT newswireMT newswire2026/11/05 14:14
10:14 AM EST, 11/05/2026 (MT Newswires) -- GigaCloud Technology (GCT) shares were up over 6% in Thursday trading after the company reported its results for Q3. The company posted quarterly adjusted earnings of $1.73 per diluted share, compared with $1.16 a year earlier. Analysts estimates were not available. Revenue for the quarter ended Sept. 30 was $423.6 million, compared with $332.6 million a year earlier. Three analysts surveyed by FactSet expected $389.4 million. The company said it expects Q4 revenue in the range of $425 million to $450 million. Three analysts expect $406 million. Price: 61.54, Change: +3.66, Percent Change: +6.32
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