Yahoo Finance Gorilla Technology Group Third Quarter 2023 Earnings: EPS: US$0.21 (vs US$0.58 loss in 3Q 2022)
Gorilla Technology Group (NASDAQ:GRRR) Third Quarter 2023 Results
Key Financial Results
Revenue: US$31.5m (up by US$27.2m from 3Q 2022).
Net income: US$14.2m (up from US$39.5m loss in 3Q 2022).
Profit margin: 45% (up from net loss in 3Q 2022).
EPS: US$0.21 (up from US$0.58 loss in 3Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Gorilla Technology Group Earnings Insights
Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
Performance of the American Software industry.
The company's shares are up 86% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Gorilla Technology Group has 5 warning signs (and 2 which are a bit unpleasant) we think you should know about.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
