GigaCloud Technology Inc. (GCT) Q2 2023 Earnings Call Transcript

GigaCloud Technology Inc. (NASDAQ:GCT) Q2 2023 Results Conference Call August 15, 2023 8:30 AM ET

Company Participants

Larry Wu – Founder, Chairman and CEO

Dr. Iman Schrock – President

David Lau – CFO

Conference Call Participants

Matt Koranda – ROTH

Rommel Dionisio – Aegis Capital

Sophie Wang – CMBI


Good day, ladies and gentlemen, and thank you for standing by, and welcome to GigaCloud Technologies Second Quarter and Half Year 2023 Earnings Conference Call. [Operator Instructions]

Joining us today from GigaCloud Technology are the company’s Founder, Chairman and Chief Executive Officer, Larry Wu; the company’s President, Dr. Iman Schrock; and the company’s Chief Financial Officer, David Lau. On today’s call, Iman will give an overview of the company’s performance and details of the company’s operation results, and David will share the company’s financial results. After that, we’ll conduct a question-and-answer session.

As a reminder, this conference contains statements about future events and expectations which are forward-looking in nature. Statements on this call may be deemed as forward-looking, and actual results may differ materially.

Today’s call and webcast will include non-GAAP financial measures within the meanings of the SEC Regulation G. when required, a reconciliation of all non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with GAAP can be found in today’s press release as well as on the company’s website.

With that, I’d like to turn the call over to Larry for your opening remarks. Please go ahead, sir.

Larry Wu

Thank you, operator, and thank you, everyone, for joining us here today. I want to start off today by keeping my heartfelt thanks to the entire GigaCloud family for their diligent efforts across the board.

As Iman will speak to, our results continued to demonstrate positive momentum led by an over 200% period-over-period

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