Datasea Pre-Announces Full-Year Fiscal 2025 Revenue of $90 Million, Representing a Year-Over-Year Increase of 275%, with Expected Significant Gross Profit Improvement
Portfolio Pulse from
Datasea Inc. (Nasdaq: DTSS) pre-announced its fiscal year 2025 revenue to be approximately $90 million, marking a 275% increase from the previous year. The company also expects significant improvement in gross profit.
November 19, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Datasea Inc. anticipates a substantial revenue increase of 275% for fiscal year 2025, reaching $90 million, with significant improvements in gross profit.
The pre-announcement of a 275% increase in revenue for fiscal year 2025 is a strong positive indicator for Datasea's financial performance. This significant growth, along with expected improvements in gross profit, suggests a positive short-term impact on the stock price as investors may react favorably to the company's growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100