GCT Semiconductor Holding, Inc. Stock Price, News & Analysis

GCT Semiconductor (NYSE:GCTS), a leading 5G and 4G semiconductor solutions provider, has announced the successful completion of sampling its new 5G chipsets to all lead customers. The company reported positive feedback from customers who are currently in the evaluation phase.

CEO John Schlaefer highlighted this achievement as a crucial step toward mass production. GCT is actively collaborating with customers during their evaluation process to ensure the 5G chipsets meet product requirements and enhance device performance. The company emphasizes its position as a reliable alternative source for 5G chipsets, supported by its robust supply chain and industry expertise.

GCT Semiconductor (NYSE:GCTS), a leading 5G and 4G semiconductor solutions provider, reported Q2 2025 financial results and provided key business updates. The company has successfully delivered initial 5G chipset samples to lead customers including Orbic North America and Airspan Networks, marking a crucial milestone in its "2025GCT – Year of 5G" program.

Key financial metrics for Q2 2025 include net revenues of $1.2 million (down 19% YoY), gross margin of 32.0% (down from 62.7%), and operating expenses of $8.0 million. The company completed an $11 million registered direct offering and maintains access to a $75 million ATM offering program.

GCT expects to begin production of finalized 5G chipsets in Q3 2025, with volume shipments starting in Q4 2025. The company has also partnered with Iridium Communications for non-terrestrial network solutions and Giesecke+Devrient for IoT eSIM solutions.

GCT Semiconductor Holding (NYSE:GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, has scheduled its second quarter 2025 financial results announcement for August 12, 2025, after market close.

The company will host a conference call and live webcast at 4:30 p.m. ET on the same day to discuss the financial results and provide a business update. The event will include a Q&A session and will be accessible to the public through advance registration. A webcast replay will be available in the Investors section of GCT's website.

GCT Semiconductor (NYSE: GCTS) has announced a significant milestone with the initial delivery of its new 5G chipsets to lead customers including Airspan Networks and Orbic North America. The company is providing samples in both chip and module forms based on customer requirements, with continued deliveries planned through June. CEO John Schlaefer emphasized their focus on mid-tier applications and the growing 5G market, including plans for a Verizon-certified module. GCT is preparing for production demands following customer evaluations, backed by their established supply chain infrastructure. The company aims to expand sampling to additional customers in the near future.

GCT Semiconductor (NYSE: GCTS) has announced a collaboration with Iridium Communications (NASDAQ: IRDM) to integrate Iridium NTN Direct service into GCT's GDM7243SL chipset. The partnership focuses on developing a new Iridium network-enabled NB-IoT chipset based on 3GPP Release 19 requirements. The collaboration aims to enhance GCT's existing 4G/5G chipset capabilities to support Iridium NTN NB-IoT, targeting applications in trackers, satellite phones, and IoT solutions. The companies will jointly explore business opportunities, use cases, and commercial deployment requirements for the new chipset, which is designed to integrate satellite technologies into 5G Advanced networks.

GCT Semiconductor (NYSE: GCTS) and Giesecke+Devrient (G+D) have partnered to develop an advanced SGP.32 eSIM solution with Integrated Profile Activation Device (IPAd) support for IoT devices. The collaboration integrates eSIM technology directly into GCT's 4G and 5G chipsets, enabling intelligent, location-aware connectivity for headless IoT devices. This integration allows for out-of-box connectivity and flexible lifecycle management without requiring physical SIM swaps or user intervention. G+D, which introduced the first eSIM in 2012 and has provided over 500 million eSIM downloads, brings its expertise in GSMA SGP.32 certification to ensure secure and interoperable connectivity worldwide. GCT will incorporate this capability into all future 4G & 5G chipsets.

GCT Semiconductor (NYSE: GCTS) has announced a registered direct offering to raise approximately $11 million through the sale of 7,006,370 common shares and warrants. The combined purchase price is set at $1.57 per share with accompanying warrants. The warrants, exercisable at $1.71 per share, will become active after six months and expire in 5 years. The offering, expected to close around May 16, 2025, is being managed by Roth Capital Partners as the exclusive placement agent. The company plans to use the proceeds for working capital and general corporate purposes.

GCT Semiconductor (NYSE: GCTS) reported its Q1 2025 financial results and provided key business updates. The company is preparing to begin 5G chipset sampling to customers by the end of May 2025. Key developments include signing a letter of intent with Orbic North America for joint development of Verizon-certified 5G mobile hotspot and FWA gateway products. Financial results showed net revenues of $0.5 million, down 84.8% YoY, with a gross margin of 17.7%, decreasing 42.1 percentage points. The company reported a net loss of $7.0 million. GCT's liquidity position includes $1.0 million in cash and cash equivalents. The company expects its 5G transition to positively impact revenue and margins in H2 2025, with 5G products commanding approximately 4x the average selling price of 4G offerings. GCT has filed a shelf registration for up to $200 million, including a $75 million ATM facility.

GCT Semiconductor Holding, a leading designer and supplier of advanced 5G and 4G semiconductor solutions, has scheduled its first quarter 2025 financial results announcement for May 14, 2025, after market close.

The company will host a conference call and live webcast at 4:30 p.m. ET (1:30 p.m. PT) on the same day. During this event, management will provide a business update and review financial results, followed by a Q&A session.

Interested participants can register in advance for the call, while those who prefer to listen only can access the webcast through the provided link. A replay of the webcast will be made available through the Investors section of GCT's website at investors.gctsemi.com.