iClick Interactive Asia Group Limited Reports 2024 Half-Year Unaudited Financial Results
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iClick Interactive Asia Group Limited (Nasdaq: ICLK) reported its 2024 half-year unaudited financial results, showing a 16% decline in total revenue from continuing operations compared to 2023. Despite a net loss, the company improved its gross margin and increased enterprise solutions revenue by 13%.
November 27, 2024 | 9:15 pm
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iClick Interactive reported a 16% decline in total revenue from continuing operations for the first half of 2024, with a net loss from continuing operations. However, the company improved its gross margin and saw a 13% increase in enterprise solutions revenue.
The financial results show a mixed performance for iClick Interactive. While there is a significant decline in total revenue and a net loss, the improvement in gross margin and growth in enterprise solutions revenue are positive signs. This mixed outcome suggests a neutral short-term impact on the stock price.
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