Gct Semiconductor Holding, Inc. shares rise 7.41% premarket after Gogo beats Q2 revenue estimates.

Gct Semiconductor Holding, Inc. rose 7.41% in premarket trading. The company's stock price increase aligns with the positive news that in-flight entertainment firm Gogo Inc. (GOGO) reported second-quarter net income of $12.8 million, exceeding Wall Street expectations. Gogo's earnings per share of 9 cents and adjusted earnings of 13 cents per share, along with revenue of $226 million, surpassed analyst estimates. The company also raised its 2025 guidance, contributing to the bullish sentiment in the market.