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GCL Global Q2 Earnings Call Highlights
Yahoo Finance· 2026-01-30 14:06
GCL posted a net loss of $5.6 million , compared with a $0.8 million profit in the prior-year period. Tok attributed the swing to integration costs, higher operating expenses, and one-time expense items tied to the Ban Leong acquisition, including spending on infrastructure, systems, and compliance.Gross profit increased 54.5% to $10.8 million , while gross margin declined to 11% from 13.8% . Tok said the margin compression was expected given the addition of the hardware distribution business, which he char ...