Datasea Pre-Announces Estimated Q1 2025 Revenue Of ~$22.7M, Up 230% YoY
Portfolio Pulse from Benzinga Newsdesk
Datasea Inc. (NASDAQ:DTSS) pre-announced an estimated Q1 2025 revenue of $22.7 million, marking a 230% year-over-year increase. This growth is driven by the expansion of its 5G AI multimodal digital business in China.
October 10, 2024 | 1:46 pm
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Datasea Inc. has pre-announced a significant revenue increase for Q1 2025, expecting $22.7 million, up 230% YoY. This growth is largely due to its expanding 5G AI business in China.
The pre-announcement of a 230% increase in revenue for Q1 2025 is a strong positive indicator for Datasea's financial health and growth prospects. The expansion of its 5G AI business in China is a key driver, suggesting potential for continued growth. This news is likely to positively impact the stock price in the short term as investors react to the strong revenue growth.
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