GCT Semiconductor (NYSE:GCTS – Get Free Report) will likely be announcing its earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of ($0.15) per share and revenue of $2.03 million for the quarter.
GCT Semiconductor Price Performance
NYSE:GCTS opened at $1.89 on Friday. The firm has a 50-day moving average of $2.29 and a two-hundred day moving average of $2.56. GCT Semiconductor has a 1-year low of $1.86 and a 1-year high of $56.00.
Wall Street Analyst Weigh In
Separately, B. Riley decreased their price objective on shares of GCT Semiconductor from $8.00 to $5.00 and set a “buy” rating for the company in a research report on Monday, February 3rd.
About GCT Semiconductor
GCT Semiconductor Holding, Inc, operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro.
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