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GCT Semiconductor Holding, Inc. (GCTS) Reports Q1 Loss, Misses Revenue Estimates

GCT Semiconductor Holding, Inc. (GCTS) came out with a quarterly loss of 0.15pershareversustheZacksConsensusEstimateofalossof0.15 per share versus the Zacks Consensus Estimate of a loss of 0.10. This compares to loss of 0.41pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof500.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -50%. A quarter ago, it was expected that this company would post a loss of 0.15 per share when it actually produced a loss of $0.11, delivering a surprise of 26.67%.Over the last four quarters, the compan ...