Will new client wins unit aid Gorilla Technology’s Q1 earnings?
The post Will new client wins unit aid Gorilla Technology’s Q1 earnings? appeared on BitcoinEthereumNews.com. Gorilla Technology Group Inc. is scheduled to release first-quarter 2025 results in the first half of June. The Zacks Consensus Estimate for earnings per share is pegged at 1 cent. The first-quarter earnings estimate has remained stable over the past 30 days. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $20 million. Image Source: Zacks Investment Research What our quantitative model unveils for Gorilla Technology Our proven model does not conclusively predict an earnings beat for Gorilla Technology this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here, as you see below. Earnings ESP: Gorilla Technology has an Earnings ESP of 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter. Zacks rank: GRRR currently carries a Zacks Rank #3 (Hold). Factors likely to shape GRRR’s Q1 results Gorilla Technology’s revenues are expected to have gained on the back of expanding operations across the USA, MENA, Southeast & East Asia, South America and the UK in the first quarter. Strong execution on key contracts, new business growth and high client retention rates are likely to have resulted from sustained demand for GRRR’s AI-driven security and intelligence solutions, which in turn, is likely to have driven its top line. In the to-be-reported quarter, the gross margin is expected to have witnessed continued growth, thanks to its prudent cost-cutting initiatives, high-value solutions and long-term scalability. Expense management efforts are also likely to have aided the net income of the company. A decrease in debt level is expected to have reduced the interest expenses of Gorilla Technology in the first quarter. Other business services sector releases Of the other Business Services…
The post Will new client wins unit aid Gorilla Technology’s Q1 earnings? appeared on BitcoinEthereumNews.com.
Gorilla Technology Group Inc. is scheduled to release first-quarter 2025 results in the first half of June. The Zacks Consensus Estimate for earnings per share is pegged at 1 cent. The first-quarter earnings estimate has remained stable over the past 30 days. Meanwhile, the Zacks Consensus Estimate for revenues is pegged at $20 million. Image Source: Zacks Investment Research What our quantitative model unveils for Gorilla Technology Our proven model does not conclusively predict an earnings beat for Gorilla Technology this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here, as you see below. Earnings ESP: Gorilla Technology has an Earnings ESP of 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter. Zacks rank: GRRR currently carries a Zacks Rank #3 (Hold). Factors likely to shape GRRR’s Q1 results Gorilla Technology’s revenues are expected to have gained on the back of expanding operations across the USA, MENA, Southeast & East Asia, South America and the UK in the first quarter. Strong execution on key contracts, new business growth and high client retention rates are likely to have resulted from sustained demand for GRRR’s AI-driven security and intelligence solutions, which in turn, is likely to have driven its top line. In the to-be-reported quarter, the gross margin is expected to have witnessed continued growth, thanks to its prudent cost-cutting initiatives, high-value solutions and long-term scalability. Expense management efforts are also likely to have aided the net income of the company. A decrease in debt level is expected to have reduced the interest expenses of Gorilla Technology in the first quarter. Other business services sector releases Of the other Business Services…
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