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

GCT Semiconductor (NYSE:GCTSGet Free Report) will likely be posting its quarterly earnings results before the market opens on Tuesday, March 25th. Analysts expect GCT Semiconductor to post earnings of ($0.15) per share and revenue of $2.03 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

GCT Semiconductor Stock Up 1.8 %

GCTS stock opened at $2.00 on Friday. GCT Semiconductor has a one year low of $1.79 and a one year high of $56.00. The firm has a 50-day moving average of $2.13 and a two-hundred day moving average of $2.42.

Analyst Ratings Changes

Separately, B. Riley reduced their price target 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.

Read Our Latest Stock Analysis on GCTS

About GCT Semiconductor

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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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