
Radek Strnad 2023/05/30 10:47pm
Communications infrastructure platform Agora (NASDAQ:API) reported results in line with analyst expectations in Q1 FY2023 quarter, with revenue down 5.55% year on year to $36.4 million. However, guidance for the next quarter was less impressive, coming in at $35.5 million at the midpoint, being 7.71% below analyst estimates. Agora made a GAAP loss of $16.8 million, improving on its loss of $26.9 million, in the same quarter last year. ... Continue Reading