GigaCloud Technology Inc. (GCT) Tops Q4 EPS by 29c

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GigaCloud Technology Inc Announces Fourth Quarter 2023 and Year Ended December 31, 2023 Financial Results

March 15, 2024 8:00 AM EDT

Fourth Consecutive Quarter of Record Profitability, Revenues up 94.8% from Fourth Quarter 2022

EL MONTE, Calif., March 15, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (GigaCloud or the Company), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter and the fiscal year ended December 31, 2023.

Fourth Quarter 2023 Financial Highlights

Total revenues were $244.7 million in the fourth quarter of 2023, an increase of 94.8% from... More