Gogoro releases third quarter 2023 financial results

Taipei, taiwan , nov. 16, 2023 /prnewswire/ -- gogoro inc. (nasdaq: ggr), a global technology leader in battery swapping ecosystems that enable sustainable mobility solutions for cities, today released its financial results for its third quarter ended september 30, 2023. third quarter 2023 summary revenue of $91.8 million, down 10.2% year-over-year and down 6.5% on a constant currency basis; battery swapping service revenue of $33.6 million, up 10.4% year-over-year and up 14.1% on a constant currency basis; gross margin of 18.3%, up from 17.4% in the same quarter last year.
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