STOCK TITAN

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
Rhea-AI Summary
Gorilla Technology Group partners with InfoSec Global to enhance security and efficiency in government agencies through crypto-agile applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.49%
Tags
partnership
-
Rhea-AI Summary
Gorilla Technology Group Inc. announces registered direct offering of Series A convertible preference shares, resulting in gross proceeds of $25 million. The offering is expected to close on September 22, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.31%
Tags
-
Rhea-AI Summary
Gorilla Technology Group announces partnership with Protactics in Latin America
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
partnership
Rhea-AI Summary
Gorilla Technology Group Inc. announces coverage initiation by 451 Research analysts Zoe Roth and Megan Goodwin, highlighting the company's commitment to innovation and transparency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.88%
Tags
none
-
Rhea-AI Summary
Gorilla Technology Group announces commencement of a ground-breaking project with the Government of Egypt, generating revenue and increasing cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.27%
Tags
AI
-
Rhea-AI Summary
Gorilla Technology Group signs a multiyear contract worth $20.8M to provide 5G smart law enforcement solutions in Taiwan, enhancing criminal investigations for a safe city.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
Tags
none
Rhea-AI Summary
Gorilla Technology Group files universal shelf registration statement to enhance financial maneuverability and access to capital markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.56%
Tags
none
-
Rhea-AI Summary
Gorilla Technology Group Inc. reported its unaudited financial results for the six months ended June 30, 2023. Booked sales exceeded internal target, standing at $272 million, a 563% increase. Revenue guidance for 2023 is $65 million and $90 million for 2024. Gross margin increased to 49.4%. The company implemented a Smart Government Security Convergence solution for the Government of Egypt, representing the largest contract in company history.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
Tags
-
Rhea-AI Summary
Gorilla Technology Group suspects illegal manipulation causing price volatility in its stock. Evidence of wrongdoing uncovered. Contract with government of Egypt brings visibility of up to $300 million revenue over next three years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.38%
Tags
management
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.94%
Tags

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 $13.37 as of December 20, 2024.

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

The market cap of Gorilla Technology Group Ordinary shares (GRRR) is approximately 146.4M.

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.

Gorilla Technology Group Inc. Ordinary shares

Nasdaq:GRRR

GRRR Rankings

GRRR Stock Data

146.42M
10.49M
10.11%
7.24%
6.42%
Software - Infrastructure
Technology
Link
United States of America
London