Agora Third Quarter 2024 Earnings: US$0.26 loss per share (vs US$0.23 loss in 3Q 2023)

Agora (NASDAQ:API) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$31.6m (down 9.8% from 3Q 2023).
• Net loss: US$24.2m (loss widened by 7.4% from 3Q 2023).
• US$0.26 loss per share (further deteriorated from US$0.23 loss in 3Q 2023).

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 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.

Performance of the American Software industry.

The company's shares are up 16% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Agora has 2 warning signs (and 1 which is significant) we think you should know about.

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