Gogoro (GGR) Set to Announce Quarterly Earnings on Thursday

Gogoro (NASDAQ:GGR) is set to issue its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.08) per share for the quarter. Gogoro has set its FY 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Gogoro (NASDAQ:GGR) last announced its earnings results on Wednesday, February 7th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.10). Gogoro had a negative net margin of 21.97% and a negative return on equity of 35.86%. The business had revenue of $91.53 million for the quarter, compared to analysts’ expectations of $89.01 million. On average, analysts expect Gogoro to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Gogoro Stock Down 0.6 %

Shares of NASDAQ:GGR opened at $1.58 on Thursday. Gogoro has a 1 year low of $1.21 and a 1 year high of $3.55. The business has a 50 day simple moving average of $1.58 and a two-hundred day simple moving average of $2.13. The firm has a market capitalization of $388.36 million, a PE ratio of -4.94 and a beta of 0.39. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.24 and a quick ratio of 1.00.

About Gogoro

Gogoro Inc provides battery swapping services in Taiwan, India, and internationally. It also develops Swap and Go battery system that delivers full power to electric-powered two-wheelers. In addition, the company offers battery swapping technology in the form of hardware, software, and service, including Gogoro Smart Batteries, GoStation, Gogoro Network Software & Battery Management Systems, Smartscooter, GoReward, and related components and kits.