Boqii Holding Limited Clocks Revenue Decline Of 13.7% YoY To $73.2M In Second Half Of FY23, Adj Net Loss Of $(6.1)M
Portfolio Pulse from Benzinga Newsdesk
Boqii Holding Limited reported a 13.7% YoY decline in revenue to $73.2M in the second half of FY23, with an adjusted net loss of $6.1M.
June 27, 2023 | 11:07 am
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Boqii Holding Limited's revenue declined 13.7% YoY to $73.2M in H2 FY23, and the company reported an adjusted net loss of $6.1M.
The decline in revenue and the adjusted net loss reported by Boqii Holding Limited in H2 FY23 are likely to have a negative impact on the company's stock price in the short term. Investors may be concerned about the company's financial performance and its ability to generate profits.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100