Gorilla Reports Record 2023 Financial Results
LONDON, April 04, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today reported financial results for the fiscal year ending December 31, 2023.
- Profitability Turnaround: Gorilla recorded net profit of $19.9 million in fiscal year 2023, a dramatic shift of 123% from a loss of $(87.5) million in fiscal year 2022.
- Gorilla, with leading innovation and relentless drive, has not just met our financial targets; we have catapulted beyond them.
- The Company will host a conference call on Monday, April 8, 2024 at 8:00 AM EDT to discuss the Company's financial results.
- The following table summarizes financial results (2023, unreviewed and unaudited):