GCT Semiconductor (GCTS) Expected to Announce Quarterly Earnings on Tuesday

GCT Semiconductor (NYSE:GCTSGet Free Report) is expected to issue its quarterly earnings data before the market opens on Tuesday, March 25th. 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 $1.95 on Friday. GCT Semiconductor has a 1-year low of $1.79 and a 1-year high of $56.00. The business’s fifty day moving average price is $2.14 and its 200-day moving average price is $2.43.

Wall Street Analysts Forecast Growth

Separately, B. Riley decreased their target price on GCT Semiconductor from $8.00 to $5.00 and set a “buy” rating on the stock in a report on Monday, February 3rd.

Check Out Our Latest Stock Report on GCT Semiconductor

GCT Semiconductor Company Profile

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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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