GCT Semiconductor (GCTS) Expected to Announce Earnings on Tuesday

GCT Semiconductor (NYSE:GCTS - Get Free Report) is projected to post 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. Parties that are interested in registering for the company's conference call can do so using this link.

GCT Semiconductor Trading Up 1.8 %

Shares of GCTS traded up $0.04 during midday trading on Monday, reaching $2.04. 82,687 shares of the company were exchanged, compared to its average volume of 417,373. GCT Semiconductor has a 1-year low of $1.79 and a 1-year high of $56.00. The stock has a 50-day moving average price of $2.13 and a 200-day moving average price of $2.42.

Analyst Upgrades and Downgrades

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

GCT Semiconductor Company Profile

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.