Agora Q1 Sales $33.021M Down From $36.443M YoY
Portfolio Pulse from Benzinga Newsdesk
Agora (NASDAQ:API) reported Q1 sales of $33.021 million, a 9.39% decrease from $36.443 million in the same period last year.
May 22, 2024 | 10:03 pm
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Agora reported Q1 sales of $33.021 million, a 9.39% decrease from the same period last year. This decline in revenue may concern investors and could negatively impact the stock price in the short term.
The 9.39% YoY decrease in sales indicates a decline in business performance, which is likely to concern investors and could lead to a short-term drop in the stock price.
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IMPORTANCE 80
RELEVANCE 100