GigaCloud Technology Q2 Earnings Call Highlights
GigaCloud Technology (NASDAQ:GCT) reported Q2 product revenue up 29% to $291 million, with product gross margin at 31.4% and total gross margin rising to 25.6%. Europe GMV rose 66% YoY and European product revenue increased 54% to $109 million, with third-party sellers exceeding 400% YoY. Operating cash flow was $48 million; debt-free liquidity totaled $379 million. Q3 revenue guidance is $375–$400 million; the company approved a new $120 million buyback program.





