Gorilla Technology Group Reports Results Through Third Quarter 2023 [Financial Post (Toronto, Ontario, Canada)]
Gorilla Technology Group Inc. (GRRR)
Company Research
Source: Financial Post
– Won sales exceeded internal target of $68 million, standing at $300 million (a 441% increase) – – Achieved discounted run rate revenues of $88 million in Q3 – – Solid visibility with sales pipeline over $1 billion – LONDON, Feb. 05, 2024 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and security convergence, today reported financial results for the nine months ending September 30, 2023. Article content Article content YTD Highlights Surging Revenue: Nine-month revenue of $37.9 million surged by over 2x versus the same period, last year. High and Expanding Margin Reflects Value of Business Model: The robust 76.5% gross margin underscores Gorilla's dynamic product-driven and services-oriented business model, a significant leap from the approximately 33% gross margin recorded in the previous year. Bottom Line Focus: Achieved an impressive turnaround, with total compre
Show less
Read more
Impact Snapshot
Event Time:
GRRR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GRRR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GRRR alerts
High impacting Gorilla Technology Group Inc. news events
Weekly update
A roundup of the hottest topics
GRRR
News
- Is Qifu Technology, Inc. (QFIN) Stock Outpacing Its Business Services Peers This Year? [Yahoo! Finance]Yahoo! Finance
- Gorilla Technology and Thames Freeport Announce Strategic Alliance, Advancing Smart City Innovations and Fostering Trade Partnerships [Yahoo! Finance]Yahoo! Finance
- Gorilla Technology and Thames Freeport Announce Strategic Alliance, Advancing Smart City Innovations and Fostering Trade PartnershipsGlobeNewswire
- CORRECTION – Gorilla Reports Record 2023 Financial ResultsGlobeNewswire
- Gorilla Reports Record 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
GRRR
Earnings
- 8/9/23 - Beat
GRRR
Sec Filings
- 5/1/24 - Form NT
- 4/25/24 - Form 6-K
- 4/22/24 - Form 6-K/A
- GRRR's page on the SEC website