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Benzinga
Benzinga
Business
Avi Kapoor

Why Gorilla Technology Shares Are Trading Higher By Around 14%; Here Are 20 Stocks Moving Premarket

Gorilla Technology Gorilla Technology Group Nasdaq
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Shares of Gorilla Technology Group Inc. (NASDAQ:GRRR) rose sharply in pre-market trading after the company reported financial results for the third quarter.

Gorilla Technology reported third-quarter revenue of $26.5 million, up 32% on a year-over-year basis. The company attributed the growth to execution on AI infrastructure, public safety and enterprise projects across Asia, the Middle East, Europe and the Americas. Gorilla Technology reported breakeven earnings per share, or 26 cents per share on an adjusted basis, according to Benzinga Pro.

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