GCT Semiconductor is trading $2.11 (-13.87%) after August 10, 2026, earnings showed Q2 revenue of approximately $1.0 million, far below estimates near $3.3 million, and a wider adjusted loss.
- Adjusted loss reached $0.25 per share; negative gross margin and a larger net loss intensified investor concerns.
- Customer restructuring and delayed deployment schedules pushed key launches out, creating timing uncertainty despite 71% sequential 5G shipment growth.
- Rising 5G shipments and higher second-half volume expectations provide some offset.