Gogoro Q4 Revenue $91.5M, Down 4.1% Y/Y; Loss Per Share $(0.12) Vs $(0.05) Last Year
Portfolio Pulse from Benzinga Newsdesk
Gogoro reported a Q4 revenue of $91.5M, marking a 4.1% decrease year-over-year. The company's loss per share widened to $(0.12) from $(0.05) in the same quarter last year.
February 07, 2024 | 11:07 am
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Gogoro's Q4 earnings showed a revenue decrease of 4.1% Y/Y to $91.5M and a loss per share increase to $(0.12) from $(0.05) last year.
The reported decrease in revenue and widening of losses for Gogoro in Q4 are likely to negatively impact investor sentiment and the stock price in the short term. The year-over-year decline in performance indicates operational challenges that could concern investors, leading to a potential decrease in stock value.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100