GCT Semiconductor shares are trading lower after the company reported a year-over-year decrease in Q2 revenue results.
Portfolio Pulse from Benzinga Newsdesk
GCT Semiconductor shares are trading lower after the company reported a year-over-year decrease in Q2 revenue results.
August 14, 2024 | 8:55 pm
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NEGATIVE IMPACT
GCT Semiconductor shares are trading lower due to a year-over-year decrease in Q2 revenue results.
The decrease in Q2 revenue results is a negative indicator for the company's financial health, leading to a drop in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100