Gorilla Technology Group Inc. shares fell 11% to $14.06 early Tuesday despite first-half 2026 revenue nearly doubling to $78.4 million and management raising its full-year outlook for the second time this year. Second-quarter revenue rose 138% year over year to $50.1 million, while the company guided third-quarter revenue to $48 million to $50 million and full-year 2026 revenue to at least $200 million. Gorilla set a 2027 revenue target of $450 million to $500 million, above the latest cited Wall Street consensus of $386.7 million, although an earlier estimate in the company’s prior coverage was $559.99 million. The shares had risen 43% during the month before the results. Investors focused on a first-half adjusted loss per share of $0.58, an adjusted EBITDA loss of $14.6 million and the execution required to build GPU capacity in Indonesia, Batam and Thailand.