Will Top-Line Improvement Aid GigaCloud's (GCT) Q1 Earnings?

GigaCloud Technology Inc. (GCT) is scheduled to report its first-quarter 2024 results on May 9, before the bell.We expect a significant year-over-year improvement in the company’s top line in the to-be-reported quarter, driven by an increase in both service and product revenues. The current Zacks Consensus Estimate for total revenues stands at $235 million, indicating 83.9% growth from the year-ago reported quarter.We are expecting the company to report strong growth from last-mile delivery, ocean transport ...