Gorilla Technology Slumps 10% as 2027 Revenue Guidance Misses Estimates
GRRR sits 57% above its 52-week low of $9.04.
Summary
Gorilla Technology reported H1 2026 revenue of $78.4 million, up 99.3% year-over-year, beating the $43.64 million estimate, but issued 2027 revenue guidance of $450 million to $500 million, below the $559.99 million consensus. Q3 guidance of $48 million to $50 million also trailed the $84.57 million estimate. The company posted an adjusted loss of $0.58 per share, better than the expected $1.00 loss, but adjusted EBITDA swung to a loss of $14.6 million from a profit of $6.2 million a year earlier. Shares fell 10.04% in premarket trading. This follows the 6-K filed yesterday reporting H1 results and raised FY2026 guidance to at least $200 million; today's reaction reflects disappointment with the 2027 outlook and Q3 shortfall. Watch for management commentary on margin trajectory and project financing plans.
At the time of this announcement, GRRR was trading at $14.20 on NASDAQ in the Technology sector, with a market capitalization of approximately $439.4M. The 52-week trading range was $9.04 to $23.49. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Benzinga.