GigaCloud Technology is revolutionizing the market for shipping large parcel goods with a B2B marketplace. The share pulverizes expectations again with the Q4 figures and grows by 94% in terms of revenue.

GigaCloud Technology (GCT) is an absolute momentum stock. The share price has quadrupled since December. It is a pioneer of global end-to-end B2B e-commerce solutions for large parcel goods. The company recently completed two acquisitions, Noble House and Wondersign, confirming GigaCloud's commitment to its mission of providing a seamless end-to-end shopping experience for marketplace participants. Noble House is a leading B2B furniture retailer with over 8,000 items across 100 categories, spanning both indoor and outdoor furniture. Noble House offers GigaCloud not only an extensive network of third-party distributors and suppliers from around the world, but also significant inventory expansion and synergistic cost savings. Wondersign is an innovator in cloud-based digital signage and electronic catalog management and is expected to expand GigaCloud's presence in the physical retail sector.

The company thus continues to revolutionize the way large and bulky products are handled in a cross-border landscape through its innovative technology platform. The company had already reported record profitability in the previous quarter. On Friday (March 15), the company delivered accelerating growth with revenue of $244.7 million (+94.8% year-over-year), consistent with strong profitability. The gross merchandise value (GMV) transacted on the GigaCloud marketplace grew by 53.3%. EPS pulverized estimates of $0.58 at $0.87.

GigaCloud Technology (ISIN KYG386441037): The stock put on a wild ride, but continues to show strength. The earnings beat and the solid outlook could still offer upside potential.

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