Brief: Gogoro Q1 Revenue Rose 61 Percent To $94.5 Million

Gogoro

12/05/2022 11:15

May 12 (Reuters) - Gogoro Inc  GGR.O :
    * SEES FY REVENUE $460 MILLION TO $500 MILLION
    * Q1 REVENUE ROSE 61 PERCENT TO $94.5 MILLION
    * SEES 2022 REVENUE OF $460.0 MILLION TO $500.0 MILLION
    * Q2 REVENUE EXPECTED TO CONTRIBUTE AROUND 20% OF FY REVENUE
GIVEN
UNCERTAINTY FROM LATEST GROWING COVID-19 WAVE IN BOTH TAIWAN AND
CHINA
    * ESTIMATE THAT WE WILL GENERATE 90% TO 95% OF 2022 FULL
YEAR
REVENUE FROM TAIWAN MARKET

Source text for Eikon:  ID:nPn84q2q3a 
Further company coverage:  GGR.O 

 ((Reuters.Briefs@thomsonreuters.com;))