GigaCloud Technology Inc. (GCT) Q1 Earnings and Revenues Surpass Estimates

GigaCloud Technology Inc. (GCT) came out with quarterly earnings of $0.84 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 64.71%. A quarter ago, it was expected that this company would post earnings of $0.58 per share when it actually produced earnings of $0.87, delivering a surprise of 50%.Over the last four quarters, the co ...