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Gorilla Technology Eyes Robust Growth and Market Expansion
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Gorilla Technology Eyes Robust Growth and Market Expansion

Gorilla Technology Group Inc. (GRRR) has released an update.

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Gorilla Technology Group Inc. is projecting robust growth for 2024 and 2025, with revenues expected to reach $72 million and $90 million respectively, driven by major contracts and strategic partnerships in Asia, MENA, and Latin America. The company’s innovative Intelligent Network Director platform aims to capture a substantial share of the $40 billion SD-WAN market, providing further growth potential. Gorilla is also actively pursuing a share repurchase program, believing its current stock price undervalues its strong financial outlook and cash reserves.

For further insights into GRRR stock, check out TipRanks’ Stock Analysis page.

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