GigaCloud Technology Reports 32% Revenue Growth in Q1 2025
GigaCloud Technology reported a 32% year-over-year revenue increase to $660 million for the first quarter of 2025, driven by strong performance in Europe and growth from its third-party marketplace. Net income rose 41% to $38 million with EPS up 53%, aided by share repurchases.
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Topics: EPS_growth marketplace_expansion net_income_increase revenue_growth