Gorilla Technology Group (GRRR) Projected to Post Earnings on Thursday

Key Points

• Gorilla Technology Group (NASDAQ: GRRR) is set to announce its quarterly earnings results on Thursday, August 14th, with analysts projecting earnings of $0.13 per share and revenue of $21.50 million.
• In its last earnings report, the company beat expectations, reporting $0.23 EPS and $20 million in revenue.
• Shares of Gorilla Technology Group have seen a slight decline of 0.3%, trading at $16.78, with significant fluctuations in its stock price over the past year.

Gorilla Technology Group (NASDAQ:GRRR - Get Free Report) is anticipated to post its H1 2025 quarterly earnings results before the market opens on Thursday, August 14th. Analysts expect Gorilla Technology Group to post earnings of $0.13 per share and revenue of $21.50 million for the quarter.

Gorilla Technology Group (NASDAQ:GRRR - Get Free Report) last released its earnings results on Wednesday, June 18th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.22. The firm had revenue of $20.00 million during the quarter, compared to analyst estimates of $19.50 million. On average, analysts expect Gorilla Technology Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Gorilla Technology Group Stock Performance

Shares of NASDAQ GRRR traded up $0.67 during trading on Friday, hitting $17.47. 2,275,671 shares of the company traded hands, compared to its average volume of 1,414,546. The business's fifty day moving average is $19.30 and its 200 day moving average is $20.67. Gorilla Technology Group has a fifty-two week low of $2.31 and a fifty-two week high of $44.15. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.48 and a quick ratio of 2.48.

Hedge Funds Weigh In On Gorilla Technology Group

Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in shares of Gorilla Technology Group by 60.0% during the second quarter. Bank of America Corp DE now owns 1,920 shares of the company's stock valued at $38,000 after purchasing an additional 720 shares during the period. NewEdge Advisors LLC bought a new stake in shares of Gorilla Technology Group during the first quarter worth about $61,000. Geode Capital Management LLC bought a new stake in shares of Gorilla Technology Group during the second quarter worth about $251,000. Goldman Sachs Group Inc. bought a new stake in shares of Gorilla Technology Group during the first quarter worth about $477,000. Finally, Raymond James Financial Inc. increased its position in shares of Gorilla Technology Group by 21.8% during the second quarter. Raymond James Financial Inc. now owns 17,698 shares of the company's stock worth $352,000 after acquiring an additional 3,168 shares in the last quarter. Institutional investors and hedge funds own 1.33% of the company's stock.

Gorilla Technology Group Company Profile

Gorilla Technology Group Inc provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata.