Latest news with #GRRR
Yahoo
2 days ago
- Business
- Yahoo
Will New Client Wins Unit Aid Gorilla Technology's Q1 Earnings?
Gorilla Technology Group Inc. GRRR 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. (See the Zacks Earnings Calendar to stay ahead of market-making news.) 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 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 ESP: Gorilla Technology has an Earnings ESP of 0.00%. You can uncover the best stocks before they're reported with our Earnings ESP Rank: GRRR currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank stocks here. 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. Of the other Business Services sector industry players that have reported March-quarter results so far, the bottom-line results of Mastercard Incorporated MA, The Western Union Company WU and Visa Inc. V beat the respective Zacks Consensus Estimate. Mastercard reported first-quarter 2025 adjusted earnings per share (EPS) of $3.73, which surpassed the Zacks Consensus Estimate by 4.5%. The bottom line improved 13% year over year. Net revenues of the leading technology company in the global payments industry advanced 14% year over year to $7.3 billion. The top line beat the consensus mark by 1.8%. Gross dollar volume (representing the aggregated dollar amount of purchases made and cash disbursements obtained from Mastercard-branded cards) increased 9% on a local-currency basis to $2.4 trillion. Cross-border volumes (a key measure that tracks spending on cards beyond the issuing country) rose 15% on a local currency basis. Switched transactions, which indicate the number of times a company's products have been used to facilitate transactions, improved 9% year over year to 40.1 billion. Value-added services and solutions' net revenues of $2.8 billion advanced 16% year over year. Mastercard's clients issued 3.5 billion Mastercard and Maestro-branded cards as of March 31, 2025. Western Union's first-quarter 2025 adjusted EPS of 41 cents beat the Zacks Consensus Estimate by 2.5%. However, the bottom line declined 8.9% year over year. Total revenues were $983.6 million, which fell 6% on a reported basis. Additionally, the top line missed the Zacks Consensus Estimate by 0.8%. The adjusted operating margin decreased 100 bps year over year to 19% due to a fall in contributions from Iraq. Operating income of $177.4 million declined 8% year over year and lagged our estimate of $185.2 million. The Consumer Money Transfer segment's revenues fell 9% to $872.9 million. Operating income was $159.3 million, which fell 15% year over year and also missed the consensus estimate. Transactions within the CMT segment grew 3% year over year. Branded Digital revenues, which accounted for 28% of CMT's first-quarter revenues, improved 7% on a reported basis and 8% on an adjusted basis. Visa reported second-quarter fiscal 2025 EPS of $2.76, which outpaced the Zacks Consensus Estimate of $2.68 by 3%. The bottom line increased 10% year over year. Net revenues of $9.6 billion improved 9.3% year over year. The top line beat the consensus mark by 0.3%. Visa's payments volume increased 8% year over year on a constant-dollar basis in the fiscal second quarter. Processed transactions (implying transactions processed by Visa) grew 9% year over year to 60.7 billion. On a constant-dollar basis, the cross-border volume of Visa rose 13% year over year. Excluding transactions within Europe, its cross-border volume (that boosts a company's international transaction revenues) also jumped 13% year over year on a constant-dollar basis. Service revenues (depending on the payment volume in the previous quarter) increased 9% year over year to $4.4 billion in the March quarter. Data processing revenues of $4.7 billion grew 10.4% year over year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Mastercard Incorporated (MA) : Free Stock Analysis Report Visa Inc. (V) : Free Stock Analysis Report The Western Union Company (WU) : Free Stock Analysis Report Gorilla Technology Group Inc. (GRRR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Jim Cramer Recommends Axon Over Gorilla Technology (GRRR)
We recently published a list of . In this article, we are going to take a look at where Gorilla Technology Group Inc. (NASDAQ:GRRR) stands against other stocks that Jim Cramer discusses. A caller asked for Cramer's thoughts on Gorilla Technology Group Inc. (NASDAQ:GRRR) during the lightning round, and he replied: 'Man, you're like, you're way over the edge… We're going, you know what we're going to do for video surveillance, I'm going to send you to Axon.' Gorilla Technology (NASDAQ:GRRR) delivers advanced solutions in AI-powered monitoring, security, and IoT applications across various sectors, including smart buildings, policing, transportation, and port operations. A data center filled with the latest servers and networking equipment representing the company's cutting edge security infrastructure. On May 22, Gorilla Technology (NASDAQ:GRRR) announced that it completed repurchasing more than $1.8 million of its own shares in April and May. The company raised the total buyback under the current program to $5.4 million over the last year, with $4.6 million still available from the $10 million approved by the Board. Overall, GRRR ranks 9th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of GRRR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
3 days ago
- Business
- Yahoo
Jim Cramer Recommends Axon Over Gorilla Technology (GRRR)
We recently published a list of . In this article, we are going to take a look at where Gorilla Technology Group Inc. (NASDAQ:GRRR) stands against other stocks that Jim Cramer discusses. A caller asked for Cramer's thoughts on Gorilla Technology Group Inc. (NASDAQ:GRRR) during the lightning round, and he replied: 'Man, you're like, you're way over the edge… We're going, you know what we're going to do for video surveillance, I'm going to send you to Axon.' Gorilla Technology (NASDAQ:GRRR) delivers advanced solutions in AI-powered monitoring, security, and IoT applications across various sectors, including smart buildings, policing, transportation, and port operations. A data center filled with the latest servers and networking equipment representing the company's cutting edge security infrastructure. On May 22, Gorilla Technology (NASDAQ:GRRR) announced that it completed repurchasing more than $1.8 million of its own shares in April and May. The company raised the total buyback under the current program to $5.4 million over the last year, with $4.6 million still available from the $10 million approved by the Board. Overall, GRRR ranks 9th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of GRRR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Malay Mail
22-05-2025
- Business
- Malay Mail
Gorilla Technology Shares Repurchase and Insider Ownership Updates; To Announce Q1 Earnings
[email protected] London, United Kingdom - Newsfile Corp. - May 22, 2025 - 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 announced a series of significant developments underscoring its confidence in long-term value creation and sustained operational successfully completed the repurchase of over $1.8 million worth of its own shares in April and May, capitalising on market dislocation and reinforcing its belief in the intrinsic value of the business. This strategic deployment of capital reflects the company's confidence in its growth trajectory, operational execution and long-term brings the company's cumulative share repurchases under the current buy-back programme to $5.4 million in the past twelve months, leaving $4.6 million remaining under the $10 million authorized by the Board. The company remains open to further opportunistic repurchases as cash buffers continue to a show of commitment and deep alignment with shareholder interests, the directors and officers of the company purchased additional shares in April and May during the permitted trading window. Collectively, Gorilla's management and Board of Directors now control nearly 20% of the Company, reinforcing insider confidence and vested Technology will release its financial results for the first quarter of 2025 in the first half of June, which will be followed by an investor call. The company is poised to report continued progress across key markets including Southeast Asia, USA, Latin America and the UK, driven by its AI-powered smart infrastructure solutions. Call information will be circulated in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for more information, please visit our website: This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla's ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading "Risk Factors" in the Form 20-F Gorilla will file with the Securities and Exchange Commission (the "SEC") on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable GentryRedChip Companies, Inc.1-407-644-4256 The issuer is solely responsible for the content of this announcement. About Gorilla Technology Group Inc.
Associated Press
22-05-2025
- Business
- Associated Press
Gorilla Technology Shares Repurchase and Insider Ownership Updates; To Announce Q1 Earnings
London, United Kingdom--(Newsfile Corp. - May 22, 2025) - 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 announced a series of significant developments underscoring its confidence in long-term value creation and sustained operational momentum. Update on Share Repurchase Programme: Cumulative $5.4M Gorilla successfully completed the repurchase of over $1.8 million worth of its own shares in April and May, capitalising on market dislocation and reinforcing its belief in the intrinsic value of the business. This strategic deployment of capital reflects the company's confidence in its growth trajectory, operational execution and long-term fundamentals. This brings the company's cumulative share repurchases under the current buy-back programme to $5.4 million in the past twelve months, leaving $4.6 million remaining under the $10 million authorized by the Board. The company remains open to further opportunistic repurchases as cash buffers continue to strengthen. Update on Insider Ownership: Approaches 20% In a show of commitment and deep alignment with shareholder interests, the directors and officers of the company purchased additional shares in April and May during the permitted trading window. Collectively, Gorilla's management and Board of Directors now control nearly 20% of the Company, reinforcing insider confidence and vested interest. Upcoming Earnings Release Gorilla Technology will release its financial results for the first quarter of 2025 in the first half of June, which will be followed by an investor call. The company is poised to report continued progress across key markets including Southeast Asia, USA, Latin America and the UK, driven by its AI-powered smart infrastructure solutions. Call information will be circulated shortly. About Gorilla Technology Group Inc. Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies. Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents. For more information, please visit our website: Forward-Looking Statements This press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Gorilla's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as 'expect,' 'estimate,' 'project,' 'budget,' 'forecast,' 'anticipate,' 'intend,' 'plan,' 'may,' 'will,' 'could,' 'should,' 'believes,' 'predicts,' 'potential,' 'might' and 'continues,' and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about future revenues, our ability to attract the attention of customers and investors alike, Gorilla's ability to win additional projects and execute definitive contracts related thereto, along with those other risks described under the heading 'Risk Factors' in the Form 20-F Gorilla will file with the Securities and Exchange Commission (the 'SEC') on April 30, 2025 and those that are included in any of Gorilla's future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. Investor Relations Contact: Dave Gentry RedChip Companies, Inc. 1-407-644-4256 [email protected] To view the source version of this press release, please visit
