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GCTS News4 articles
GCT Semiconductor Soars 41% on 5G Deal and Revenue Surge
GCT Semiconductor shares surged 41% to $2.58 after a 287% revenue jump and a satellite communications deal, though the company faces cash burn and going-concern doubts.
GCT Semiconductor Surges Premarket on Revenue Surge and 5G Chipset Growth
GCT Semiconductor shares jumped 14.21% in premarket Monday after a 287.1% revenue surge and 58% sequential growth in 5G chipset shipments, though the company faces financing challenges.
GCT Semiconductor Faces Scrutiny Over 5G Ramp-Up and Cash Concerns
TD Securities reveals a 4.6% beneficial ownership in GCT Semiconductor, primarily via deep out-of-the-money warrants. The company's 5G chipset shipments rose 58% but revenue remains modest, and liquidity concerns persist.
GCT Semiconductor Shares Jump on Satellite 5G Platform Deal Ahead of Q1 Earnings
GCT Semiconductor shares rose to $1.88 after hours on a satellite reference-platform deal. Q1 earnings due May 12 with expected loss of 13 cents per share on $1.77M revenue.