Gogoro (GGR) to Release Quarterly Earnings on Thursday

Gogoro (NASDAQ:GGR) is set to announce its earnings results before the market opens on Thursday, November 14th. 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 Thursday, August 15th. The company reported ($0.08) earnings per share (EPS) for the quarter. The firm had revenue of $80.94 million for the quarter. Gogoro had a negative return on equity of 33.04% and a negative net margin of 19.11%.

Gogoro Stock Down 7.0 %

Shares of NASDAQ GGR opened at $0.40 on Thursday. The company has a market cap of $118.03 million, a price-to-earnings ratio of -1.48 and a beta of 0.38. The company has a quick ratio of 1.19, a current ratio of 1.46 and a debt-to-equity ratio of 1.32. The firm’s 50-day simple moving average is $0.69 and its 200 day simple moving average is $1.19. Gogoro has a 12-month low of $0.40 and a 12-month high of $2.78.

Wall Street Analyst Weigh In

Separately, Benchmark cut shares of Gogoro from a “buy” rating to a “hold” rating in a report on Monday, August 19th.

Gogoro Company Profile

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.