GigaCloud Technology Shares Dive 21% on 1Q Revenue Forecast

Dow Jones

Mar 04

By Denny Jacob

GigaCloud Technology shares dived 21% in premarket trading in response to the company's revenue outlook for the first quarter.

Shares were trading around $12.68. The stock is down 57% over the last year.

The end-to-end B2B technology-solutions company forecast revenue between $250 million and $265 million, while Wall Street expected the figure to be closer to $271.4 million.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

March 04, 2025 08:09 ET (13:09 GMT)

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The stock is down 57% over the last year. \n</p>\n<p>\n  The end-to-end B2B technology-solutions company forecast revenue between $250 million and $265 million, while Wall Street expected the figure to be closer to $271.4 million. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Denny Jacob at denny.jacob@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 04, 2025 08:09 ET (13:09 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GCT","symbol_name":"大健云仓","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2516676774","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516676774","pubTimestamp":1741093740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"GigaCloud Technology shares dived 21% in premarket trading in response to the company's revenue outlook for the first quarter.Shares were trading around $12.68. 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The stock is down 57% over the last year. \n\n\n  The end-to-end B2B technology-solutions company forecast revenue between $250 million and $265 million, while Wall Street expected the figure to be closer to $271.4 million. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 04, 2025 08:09 ET (13:09 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}