Gorilla Technology Group (GRRR) Reports H1 Results

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Go back to Gorilla Technology Group (GRRR) Reports H1 Results

Gorilla Technology Group Reports First Half 2023 Financial Results

August 9, 2023 4:04 PM EDT

Year-on-year growth in fiscal 2023 will be nearly 300% in constant currency

Booked sales exceeded internal target of $41 million, standing at $272 million (a 563% increase)

Revenue guidance of $65 million for 2023 and $90 million for 2024

Improved Visibility with Revenue Contracted Through 2026

49.4% Gross Margin Affirms Success in Improving Quality of Customer Base

LONDON, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (Gorilla or the Company) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today reported its unaudited financial results for... More