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Join Gorilla Technology's Exclusive Live Investor Webinar and Q&A Session on July 10
Newsfile· 2025-07-03 15:30
Core Insights - Gorilla Technology Group Inc. is hosting a webinar on July 10, 2025, to discuss its advancements in AI-based Industrial IoT and Security Convergence technologies [1][2] - The company has recently completed a $105 million capital raise and is positioned to scale its operations globally, with a backlog of $93 million and a $6.6 billion opportunity pipeline [2] - Gorilla projects 2025 revenue between $100 million and $110 million, with EBITDA margins of 20-25% [2] Company Overview - Gorilla Technology Group Inc. is headquartered in London and specializes in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [5] - The company offers solutions across various sectors, including Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning technologies [5] - Gorilla's expertise includes intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity technologies [6] Strategic Initiatives - The company is involved in significant public safety and infrastructure modernization projects, including a Smart City initiative in Santa Marta, Colombia, and a five-year AI partnership with Thailand's Tourist Police [2] - Gorilla holds 29 global patents and has a veteran leadership team, positioning it favorably against SaaS peers in terms of valuation multiples [2]
Gorilla Announces Closing of $105 Million Registered Direct Offering of Common Stock
Newsfile· 2025-07-02 20:05
The offering was led by a $100 million investment from a single new fundamental institutional investor and included additional participation from a large existing shareholderThe proceeds will be used to establish performance guarantees and bid bonds, meeting requirements in connection with bids for projects, and in relation to previously announced acquisitionsLondon, United Kingdom--(Newsfile Corp. - July 2, 2025) - Gorilla Technology Group Inc. (NASDAQ: GRRR) ("Gorilla" or the "Company"), a global solutio ...
Gorilla Announces $105 Million Registered Direct Offering of Common Stock
Newsfile· 2025-06-30 12:30
London, United Kingdom--(Newsfile Corp. - June 30, 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 that it has entered into a securities purchase agreement for ordinary shares with a $100 million investment from a single new fundamental institutional investor as well as participation from a large existing shareholder to raise $105 million of ...
Gorilla Technology Sets Q1 2025 Conference Call for June 18th, 2025, at 4:30 p.m. ET
Newsfile· 2025-06-13 12:00
Company Overview - Gorilla Technology Group Inc. is headquartered in London, U.K. and operates as a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [3] - The company offers a diverse range of solutions including Smart City, Network, Video, Security Convergence, and IoT across various sectors such as Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies [3] Upcoming Financial Results - The company will hold a conference call on June 18th, 2025, at 4:30 p.m. Eastern time to discuss its financial results for the first quarter of fiscal year 2025, which ended on March 31, 2025 [1][2] - Financial results will be released in a press release prior to the call [1] Technological Expertise - Gorilla Technology specializes in enhancing urban operations, security, and resilience through innovative products that leverage AI for intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity technologies [4] - The integration of these AI-driven technologies aims to empower Smart Cities, improving efficiency, safety, and cybersecurity measures, thereby enhancing the quality of life for residents [4]
Itron Publishes 2024 Corporate Sustainability Report
Globenewswire· 2025-06-10 12:45
Core Insights - Itron, Inc. released its 2024 Corporate Sustainability Report, emphasizing its commitment to sustainability and the positive impact of its solutions on customers and communities [1][2][3] Sustainability Strategy - The company completed its first enterprise-wide double materiality assessment in 2024, aligning sustainability priorities with stakeholder expectations and regulatory requirements [2][4] - Itron's ESG strategy is integrated into its operations, with oversight from the board of directors [3] Environmental Impact - Itron's solutions helped customers avoid 7.5 million metric tons of greenhouse gas emissions in 2024, driven by improved operational efficiency and consumer engagement [4] - The company achieved 100% ISO 14001 certification across all manufacturing facilities and reduced Scope 1 and 2 emissions by over 50% since 2019 [4] Community and Employee Engagement - Itron was recognized as one of America's Greatest Workplaces, with nearly 95% of employees expressing intent to stay with the company [4] - The company invested over $1 million in corporate philanthropy, educational outreach, and volunteerism [4] Ethical Conduct and Governance - In 2024, 100% of employees completed the Code of Conduct training, and nearly 90% of the Board remained independent [4] - Itron received an "AA" MSCI rating and a "Low Risk" designation from Sustainalytics, reflecting its strong ESG profile and values-driven leadership [4]
Beam's Q1 Loss Wider Than Expected, Revenues Decline Y/Y
ZACKS· 2025-05-19 13:56
Beam Global (BEEM) reported an adjusted loss of 32 cents per share in the first quarter of 2025, wider than the Zacks Consensus Estimate of a loss of 16 cents. The company had incurred a loss of 21 cents per share in the year-ago quarter. The company reported net sales of $6.3 million in the quarter, which missed the Zacks Consensus Estimate of $15 million and fell from the year-ago quarter’s $14.6 million.The year-over-year decline in revenues was primarily due to uncertainty surrounding the U.S. governmen ...
Beam (BEEM) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:32
Beam Global (BEEM) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Company Participants Lisa Potok - Chief Financial OfficerDesmond Wheatley - Chairman, Chief Executive Officer & PresidentNoel Parks - Managing Director - Energy Research Conference Call Participants Ryan Pfingst - Senior Research Analyst Operator Good day, and welcome to the Beam Global First Quarter twenty twenty five Operating Results Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. ...
Beam (BEEM) - 2025 Q1 - Earnings Call Transcript
2025-05-15 21:30
Beam Global (BEEM) Q1 2025 Earnings Call May 15, 2025 04:30 PM ET Speaker0 Good day, and welcome to the Beam Global First Quarter twenty twenty five Operating Results Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Lisa Potok, Chief Financial Officer. Please go ahead. Speaker1 Hi. Good afternoon and thank you for participating in Beam Global's first quarter twenty twenty five operating results conferen ...
Beam Global Announces First Quarter 2025 Operating Results
Globenewswire· 2025-05-15 20:33
SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2025. Q1 2025 Financial Highlights Revenue CAGR 60% for trailing 60 monthsCommercial Revenues increased 41% over Q1 2024Positive GAAP Gross Margin 8%Adjusted non-GAAP Gross Margin, net of non-cash costs 21%Net ca ...
Gorilla Technology Appoints AI Visionary Satish Venkatesan to Lead Americas Innovation Drive
Newsfile· 2025-04-14 12:00
Core Insights - Gorilla Technology Group Inc. has appointed Satish Venkatesan as Chief Solutions Strategist for the Americas, effective April 14, 2025, to enhance its innovation strategy and partnerships across the region [2][4][5] Company Strategy - The appointment of Venkatesan signifies Gorilla's strategic focus on scaling AI-powered urban systems and public safety initiatives throughout the Americas [5][7] - Gorilla is committed to its capital allocation priorities, including a share buyback program, having repurchased over $4.5 million of shares to date from an authorized total of $10 million [9] Leadership and Expertise - Venkatesan brings nearly 30 years of experience in product engineering and emerging technologies, having previously held senior roles at Cognizant Technology Solutions, where he managed a $2 billion financial services portfolio [6][5] - His expertise includes platform modernization, deep tech strategy, and Generative AI adoption, which will be instrumental in driving innovation at Gorilla [6][5] Market Position and Vision - Gorilla aims to redefine smart cities and public safety through transformative partnerships, with a focus on the O.N.E. Amazon initiative [8] - The company emphasizes the importance of public-private collaboration in advancing innovation and technology investment [7] Technology and Solutions - Gorilla Technology specializes in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, providing solutions across various sectors including government, healthcare, and transportation [10][11] - The company leverages AI and deep learning technologies to enhance urban operations, security, and resilience, ultimately improving the quality of life for residents [11]