Gogoro (GGR) to Release Quarterly Earnings on Thursday

Gogoro (NASDAQ:GGR) is scheduled to release its earnings data before the market opens on Thursday, November 14th. Gogoro has set its FY 2024 guidance at EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

Gogoro (NASDAQ:GGR) last posted its quarterly earnings results on Thursday, August 15th. The company reported ($0.08) earnings per share for the quarter. Gogoro had a negative return on equity of 33.04% and a negative net margin of 19.11%. The business had revenue of $80.94 million during the quarter.

Gogoro Trading Down 8.8 %

Shares of GGR opened at $0.49 on Wednesday. Gogoro has a 1 year low of $0.40 and a 1 year high of $2.78. The company has a 50 day simple moving average of $0.63 and a two-hundred day simple moving average of $1.16. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.46 and a quick ratio of 1.19. The firm has a market cap of $143.17 million, a P/E ratio of -1.80 and a beta of 0.38.

Analysts Set New Price Targets

Separately, Benchmark downgraded 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.