Gorilla Tech (GRRR) Shares Drop ~9% in Extended Trading Despite 99% Surge in H1 Revenue
GRRR Gorilla Technology Group Inc
$15.87 -1.18%
View chart & analysis → - 1Gorilla Technology (GRRR) stock fell about 9% in after-hours trading following its first-half results release.
- 2H1 revenue of $78.4 million (up 99% year-over-year) and an adjusted loss per share of $0.58 came in well below estimates.
- 3The company raised its full-year revenue outlook to a minimum of $200 million, but stock-based compensation and infrastructure spending weighed on profitability.
This 3-line summary is compiled from the report below.
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