Shares of GigaCloud Technology Inc (GCT) surged 17.55% in Monday's trading session following the release of the company's impressive first-quarter 2025 financial results. The e-commerce solutions provider significantly outperformed analysts' expectations, driving investor enthusiasm.

GigaCloud reported adjusted earnings per share of $0.83, handily beating the estimated $0.52. The company's sales for the quarter reached $271.91 million, surpassing the projected $259.80 million. Total revenues increased by 8.3% year-over-year, while net income remained stable at $27.1 million. Despite a slight decrease in gross margin to 23.4% from 26.5% in the previous year, the overall financial performance demonstrated robust growth and profitability.

Operational metrics also showed strong momentum. The GigaCloud Marketplace gross merchandise volume (GMV) grew by an impressive 56.1% year-over-year to $1,416.7 million for the 12 months ended March 31, 2025. The number of active buyers on the platform surged by 81.4% to 9,966, indicating rapid expansion of the company's user base. CEO Larry Wu commented on the results, stating, "Despite persistent industry headwinds, we continue to grow and see the strength of the GigaCloud Marketplace come through." Looking ahead, GigaCloud provided a positive outlook for the second quarter, projecting revenue between $275 million and $305 million, further fueling investor optimism and contributing to the stock's rally.