XIAO-I corporation American Depository Share Repr 1-3 Sh Aktie
WKN DE: A3D60V / ISIN: US98423X1000
05.09.2024 16:28:50
|
Xiao-I Estimates 25% Increase In FY24 Revenue Outlook, Stock Up
(RTTNews) - Xiao-I Corp. (AIXI), Thursday announced that the company anticipates a 25 percent increase in its revenue outlook for the fiscal 2024, driven by the successful refinement and market deployment of its AI technologies.
The company now expects revenue of $73 million, up from the previously estimated $59 million.
Also, the cognitive intelligence enterprise projects a decline in R&D expenses, which is expected to improve profit margins and reduce further losses.
Currently, Xiao-I's stock is trading at $5.03, up 3.50 percent on the Nasdaq.

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu XIAO-I corporation American Depository Share Repr 1-3 Shmehr Nachrichten
Keine Nachrichten verfügbar. |