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Gorilla Technology Group Inc. Ordinary shares - GRRR STOCK NEWS

Welcome to our dedicated page for Gorilla Technology Group Ordinary shares news (Ticker: GRRR), a resource for investors and traders seeking the latest updates and insights on Gorilla Technology Group Ordinary shares stock.

Gorilla Technology Group Inc. (symbol: GRRR) is a key player in the world of video intelligence and IoT technology, established in 2000. The company offers cutting-edge solutions in video-centric and content management applications. These applications serve sectors such as smart retail, enterprise surveillance, city security, and broadcast media. Leveraging its innovative VEMO technology, Gorilla integrates deep learning algorithms to automate digital stream processing and provide comprehensive video analytics. This adds value to businesses by uncovering new opportunities.

Gorilla Technology is divided into two main segments: Video IoT and Security Convergence, and Other Segments. The Video IoT and Security Convergence segment focuses on providing video intelligence, Internet of Things (IoT) security, edge AI data analytics, and operational technology (OT) security solutions. The Other Segments include additional services that support the company’s core offerings.

Recently, Gorilla has been at the forefront of cyber security innovation with the introduction of its security convergence devices. These devices are designed to enhance operational efficiency and performance through intelligent, edge AI solutions. Gorilla’s commitment to continuous technological advancement ensures that it delivers superior products and services to managed service providers, distributors, system integrators, and hardware manufacturers.

For the latest updates and more detailed information, visit their website at Gorilla-Technology.com.

Latest News:

  • Introducing the Future of Cybersecurity: Security Convergence Devices by Gorilla
News

Gorilla Technology Lanner Launch Cutting-Edge Security Convergence Devices to Transform Cybersecurity Landscape

Rhea-AI Summary
Gorilla Technology Group Inc. (NASDAQ: GRRR) introduces cutting-edge Security Convergence Devices developed with Lanner to revolutionize cybersecurity. The devices feature AI-powered intrusion detection, DoS/DDoS protection, customized alerts, and rich analytics. Gorilla aims to capture a 2% market share in the rapidly expanding cybersecurity market in Asia Pacific and MENA regions.
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Gorilla Technology Announces 10:1 Reverse Stock Split

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Gorilla Technology Group Inc. announces a 10:1 reverse stock split to comply with Nasdaq's minimum bid price requirement. The split aims to attract institutional investors and enhance shareholder value, following approval at an extraordinary general meeting. CEO Jay Chandan highlights the company's strong financial performance and strategic focus on innovation.
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Gorilla Technology and Thames Freeport Announce Strategic Alliance, Advancing Smart City Innovations and Fostering Trade Partnerships

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Gorilla Technology Group Inc. (NASDAQ: GRRR) signs a strategic partnership with Thames Freeport to revolutionize the area's smart city strategy and drive innovation. The collaboration aims to enhance efficiency, security, and sustainability through advanced technological frameworks.
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CORRECTION – Gorilla Reports Record 2023 Financial Results

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Gorilla Technology Group Inc. (NASDAQ: GRRR) reports impressive financial results for the fiscal year ending December 31, 2023, with revenue up 189% YoY, gross margin at 69%, net income of $19.9 million, and Adj. EBITDA of $29.0 million. The company plans for continued success with a pipeline exceeding $1 billion and expected expansion deals in various regions.
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Gorilla Reports Record 2023 Financial Results

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Gorilla Technology Group Inc. reported impressive financial results for the fiscal year ending December 31, 2023, showcasing a remarkable revenue growth of 189% YoY, with total net income reaching $19.9 million. The company's adjusted EBITDA surged by 587% YoY, highlighting a significant turnaround in profitability and operational efficiency. Gorilla's strategic focus on high-margin opportunities and operational proficiency has led to a gross margin of 69% in 2023. With a strong sales pipeline exceeding $1 billion and successful deals in various regions, Gorilla is poised for continued success and shareholder value enhancement.
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Gorilla Technology Group, in Partnership with Protactics, Secures Contract to Pioneer Security Solutions in Colombia

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Gorilla Technology Group Inc. (NASDAQ: GRRR) announces a significant contract to implement Security Convergence Smart City Video Analytics Solutions in Colombia's Casanare province. The partnership with Protactics aims to enhance public safety through advanced AI technologies, showcasing Gorilla's expertise in smart security solutions.
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Gorilla Technology Group to Introduce Security Solutions in Thailand’s Expanding Data Center Market

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Gorilla Technology Group Inc. (NASDAQ: GRRR) announces its expansion into Thailand with a comprehensive suite of data center solutions to enhance security convergence. The move aims to revolutionize Thailand's digital infrastructure by providing cutting-edge security solutions, driving innovation, and fostering economic growth.
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Gorilla Technology Group and Lanner Electronics Inc. Forge Strategic Partnership to Develop AI-Enabled Cybersecurity Products in MENA Region

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Gorilla Technology Group Inc. partners with Lanner Electronics Inc. to develop AI-enabled cybersecurity products for MENA region, enhancing security solutions. The partnership aims to provide seamless integration, enhanced performance, cost-effectiveness, plug-and-play deployment, and forward-looking security posture. Gorilla's commitment to President El Sisi's Vision 2030 plan in Egypt showcases dedication to economic growth and technological advancement.
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Gorilla Announces $10 Million Registered Direct Offering of Convertible Preferred Stock

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Gorilla Technology Group Inc. announced a registered direct offering of 10,000 Series B convertible preference shares to existing institutional investors at $1,000 per share. Each share is convertible into ordinary shares at $1.10 per share. Additionally, investors will receive Series B warrants to purchase up to 8,250,000 ordinary shares at $1.50 per share, exercisable immediately and expiring in five years.
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Gorilla Technology Lands Groundbreaking Deal with Major Hospital Network in Thailand

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Gorilla Technology Group Inc. secures a bid for a Video Management System with Intelligent Video Analytics Solution at Rama Hospital in Thailand, marking a significant advancement in healthcare innovation. The partnership aims to enhance patient care, safety, and operational workflows through real-time insights and advanced security measures.
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FAQ

What is the current stock price of Gorilla Technology Group Ordinary shares (GRRR)?

The current stock price of Gorilla Technology Group Ordinary shares (GRRR) is $14.74 as of January 21, 2025.

What is the market cap of Gorilla Technology Group Ordinary shares (GRRR)?

The market cap of Gorilla Technology Group Ordinary shares (GRRR) is approximately 244.8M.

What does Gorilla Technology Group Inc. specialize in?

Gorilla Technology specializes in video intelligence, IoT security, edge AI data analytics, and operational technology (OT) security.

When was Gorilla Technology Group Inc. established?

Gorilla Technology Group Inc. was established in 2000.

What are the main segments of Gorilla Technology Group Inc.?

The main segments are Video IoT and Security Convergence and Other Segments.

What are some applications of Gorilla Technology’s solutions?

Their solutions are used in smart retail, enterprise surveillance, city security, and broadcast media.

What is unique about Gorilla Technology’s VEMO technology?

VEMO technology uses deep learning algorithms to automate digital stream processing and provide comprehensive video analytics.

What recent innovations has Gorilla Technology introduced?

Gorilla has recently introduced security convergence devices aimed at enhancing cybersecurity.

Who can benefit from Gorilla Technology’s products and services?

Managed service providers, distributors, system integrators, and hardware manufacturers can benefit from their edge AI solutions.

How does Gorilla Technology ensure quality in its offerings?

Gorilla emphasizes leading technology, expert service, and precise delivery to ensure top-quality solutions.

Where can I find more information about Gorilla Technology Group Inc.?

More information is available on their website at https://www.gorilla-technology.com.

How can I contact investor relations for Gorilla Technology?

You can contact investor relations through Cody Fletcher at The Blueshirt Group, +1 (434) 251-7165, or email gorilla@blueshirtgroup.co.
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Gorilla Technology Group Inc. Ordinary shares

Nasdaq:GRRR

GRRR Rankings

#3740 Ranked by Market Cap
N/A Ranked by Dividends

GRRR Stock Data

244.84M
17.34M
10.11%
4.77%
13.41%
Software - Infrastructure
Technology
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United States of America
London