Gogoro Releases Fourth Quarter and Full Year 2024 Financial Results
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Gogoro Inc. (Nasdaq: GGR) reported its financial results for Q4 and full year 2024, showing a decline in revenue. Q4 revenue was $73 million, down 20.2% year-over-year, while full year revenue was $310.5 million, down 11.2% year-over-year.
February 13, 2025 | 11:15 am
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Gogoro Inc. reported a significant decline in both Q4 and full year 2024 revenues, with Q4 revenue down 20.2% year-over-year and full year revenue down 11.2% year-over-year.
The reported decline in both quarterly and annual revenues is likely to negatively impact investor sentiment and the stock price in the short term. A 20.2% drop in Q4 revenue and an 11.2% drop in full year revenue indicate significant challenges for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100