GCT Semiconductor Holding, Inc. (GCTS) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Thank you for attending GCT Semiconductor Holding, Inc.'s second quarter 2026 financial results call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. Joining the call today are John Schlaefer, GCT's chief executive officer, and Edmund Chung, CFO, to discuss our second quarter 2026 results. During the call, certain statements we make will be forward-looking. These statements are subject to risks and uncertainties, including those set forth in our Safe Harbor provision for forward-looking statements that can be found at the end of our earnings press release and also in our Form 10-Q that will be filed today, which provide further detail about the risks related to our business. We use non-GAAP measures because we believe they provide useful information about our operating performance that should be considered with investors in conjunction with the GAAP measures. A reconciliation of these non-GAAP measures to comparable GAAP measures is included in our earnings release. I would now like to turn the conference over to John Schlaefer. Please, sir, go ahead. Thank you, and thanks to everyone for joining us today for our second quarter 2026 earnings call. I'll begin by discussing the operational progress we've made during the second quarter and provide an update on where we stand in the commercialization of our 5G platform. Following my remarks, our Chief Financial Officer, Edmund Cheng, Review our second quarter financial results in more detail. When we spoke with you last quarter, we highlighted that 2026 would be a year of continued commercialization as our customers progress from development and integration into early deployments of our 5G chipset. That progression has continued...