GCT Semiconductor is trading 11% down now at $2.18 after its August 10, 2026 earnings release showed a substantially wider-than-expected loss and revenue far below estimates.
- Revenue was approximately $970,000 versus a $4.17 million forecast; adjusted loss was $0.25 per share versus $0.10 expected.
- 5G chipset shipments rose 71% sequentially, but customer deployment delays and negative margins overshadowed management’s expectation for stronger second-half shipments.