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Q1 2023 Earnings Estimate for Gorilla Technology Group Inc. (NASDAQ:GRRR) Issued By Northland Capmk

Defense World ·  May 4, 2023 13:34

Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) – Northland Capmk decreased their Q1 2023 earnings per share (EPS) estimates for Gorilla Technology Group in a report released on Monday, May 1st. Northland Capmk analyst M. Latimore now forecasts that the company will earn ($0.14) per share for the quarter, down from their previous forecast of ($0.11). The consensus estimate for Gorilla Technology Group's current full-year earnings is ($0.33) per share. Northland Capmk also issued estimates for Gorilla Technology Group's Q2 2023 earnings at ($0.13) EPS, Q4 2023 earnings at ($0.05) EPS, FY2023 earnings at ($0.40) EPS, Q1 2024 earnings at ($0.08) EPS, Q2 2024 earnings at ($0.08) EPS, Q3 2024 earnings at ($0.07) EPS, Q4 2024 earnings at ($0.06) EPS and FY2024 earnings at ($0.29) EPS.

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Gorilla Technology Group Stock Performance

Gorilla Technology Group stock opened at $1.70 on Wednesday. Gorilla Technology Group has a 12 month low of $1.70 and a 12 month high of $51.00. The business has a 50 day simple moving average of $5.66 and a 200-day simple moving average of $7.49.

Institutional Investors Weigh In On Gorilla Technology Group

An institutional investor recently bought a new position in Gorilla Technology Group stock. Mint Tower Capital Management B.V. acquired a new position in Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,000 shares of the company's stock, valued at approximately $115,000. Mint Tower Capital Management B.V. owned approximately 0.06% of Gorilla Technology Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Gorilla Technology Group Company Profile

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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.

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