Gorilla Technology (GRRR) fell 11% intraday, despite 2027 revenue guidance being 29% higher than market consensus.
Gorilla Technology Group (NASDAQ:GRRR) shares fell 11% to $14.06 in early Tuesday trading after the company reported a near doubling of first-half revenue and raised its full-year revenue guidance to at least $200 million, while setting a 2027 revenue target of $450 million to $500 million, 16% to 29% above the Wall Street consensus of $386.7 million. The decline, which contrasted with rising or flat share prices for comparable companies, was primarily attributed to the company's adjusted loss per share of $0.58 and adjusted EBITDA loss of $14.6 million in the first half, as well as the reliance of its 2027 growth path on the timely completion of infrastructure projects in Indonesia, Batam, and Thailand.
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