Gorilla Technology Group shares are trading lower after the company reported H1 financial results and issued Q3 sales guidance below estimates. Also, the company issued FY27 sales guidance below estimates.

Gorilla Technology Awarded Multi-Year Contract In Taiwan To Expand Its Technology Deployment For A Criminal Investigation Bureau In The Asia-Pacific Region; Terms Not Disclosed

The contract builds on Gorilla's previous successful deployment with the same national-level customer and represents a substantial expansion into next-generation intelligence data integration, AI-powered analytics

Gorilla Technology Begins Yotta AI Infrastructure Deliveries In India

Gorilla Technology Group Inc. (NASDAQ:GRRR) ("Gorilla" or the "Company"), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, IoT technology and data

B. Riley Securities Initiates Coverage On Gorilla Tech Gr with Buy Rating, Announces Price Target of $25

Shares of software companies are trading lower, possibly after Federal Reserve Chairman Kevin Warsh’s comments on inflation raised concerns that interest rates could remain higher for longer. The prospect of higher rates may weigh on growth-oriented stocks.