Gorilla Technology Gr H1 EPS $(0.11) Up From $(0.29) YoY, Sales $6.43M Down From $13.80M YoY
Portfolio Pulse from Benzinga Newsdesk
Gorilla Technology Gr (NASDAQ:GRRR) reported a 62.07% increase in quarterly losses per share, from $(0.29) to $(0.11) YoY. However, the company's sales decreased by 53.41% to $6.43 million from $13.80 million YoY.
August 09, 2023 | 8:58 pm
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NEUTRAL IMPACT
Gorilla Technology Gr reported improved losses per share but a significant decrease in sales YoY.
While the company's losses per share have improved, the significant decrease in sales could be a concern for investors. This mixed result makes the short term impact on the stock price uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100