Gorilla Tech (GRRR) Shares Drop ~9% in Extended Trading Despite 99% Surge in H1 Revenue

GRRR Gorilla Technology Group Inc

$11.94 +1.53%

View chart & analysis →

STRC +0.02% MSTR -1.24% JOYY -0.59%

1. 1Gorilla Technology (GRRR) stock fell about 9% in after-hours trading following its first-half results release.
2. 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.
3. 3The company raised its full-year revenue outlook to a minimum of $200 million, but stock-based compensation and infrastructure spending weighed on profitability.

Source Stocktwits +1 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →