Gorilla Technology Group Inc. Expected to Post FY2022 Earnings of ($0.40) Per Share (NASDAQ:GRRR)

Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) – Equities research analysts at Northland Capmk dropped their FY2022 earnings estimates for Gorilla Technology Group in a research report issued on Sunday, March 5th. Northland Capmk analyst M. Latimore now forecasts that the company will post earnings of ($0.40) per share for the year, down from their prior estimate of ($0.33). 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 Q4 2022 earnings at ($0.07) EPS, Q1 2023 earnings at ($0.06) EPS, Q2 2023 earnings at ($0.06) EPS, Q3 2023 earnings at ($0.05) EPS, Q4 2023 earnings at ($0.03) EPS, FY2023 earnings at ($0.20) EPS and FY2024 earnings at ($0.08) EPS.

Gorilla Technology Group Stock Up 6.5 %

Gorilla Technology Group stock opened at $8.25 on Wednesday. Gorilla Technology Group has a 12 month low of $2.62 and a 12 month high of $51.00. The company has a fifty day moving average price of $7.40 and a two-hundred day moving average price of $9.35.

Institutional Investors Weigh In On Gorilla Technology Group

A hedge fund recently bought a new stake in Gorilla Technology Group stock. Mint Tower Capital Management B.V. acquired a new position in shares of Gorilla Technology Group Inc. (NASDAQ:GRRR – Get Rating) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 10,000 shares of the company’s stock, valued at approximately $115,000. Mint Tower Capital Management B.V. owned 0.06% of Gorilla Technology Group at the end of the most recent quarter.

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.