Stock Analysis

Agora First Quarter 2024 Earnings: US$0.10 loss per share (vs US$0.16 loss in 1Q 2023)

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Agora (NASDAQ:API) First Quarter 2024 Results

Key Financial Results

  • Revenue: US$33.0m (down 9.4% from 1Q 2023).
  • Net loss: US$9.46m (loss narrowed by 44% from 1Q 2023).
  • US$0.10 loss per share (improved from US$0.16 loss in 1Q 2023).
NasdaqGS:API Earnings and Revenue Growth May 24th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Agora Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are down 14% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for Agora that you should be aware of before investing here.

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