Streetbeat News

ISPR

Ispire Technology Inc.

https://www.getispire.com

Industry

Tobacco

Ispire Technology Inc. manufactures e-cigarettes and cannabis vaping products. The company was founded in 2019 and is based in Los Angeles, California. Ispire Technology Inc. operates as a subsidiary of Pride Worldwide Investment Limited

Open

7.02

Mkt cap

369M

Volume

302K

High

7.47

P/E Ratio

-21.03

52-wk high

13.87

Low

6.40

Div yield

N/A

52-wk low

5.00

Jabil Inc. reported better-than-expected earnings, leading to a significant stock price increase. Other notable stock movements include Micron Technology and Southwest Airlines, which also saw gains due to strong results and strategic announcements.

Portfolio Pulse from Avi Kapoor

September 26, 2024 | 4:34 pm

Ispire Technology Inc. (NASDAQ:ISPR) reported a 31% year-over-year increase in revenue for fiscal year 2024, reaching $151.9 million. Despite the revenue growth, the company faced a net loss of $14.8 million. Ispire is focusing on strategic partnerships and technological advancements to drive future growth, particularly in the cannabis vaping sector.

Portfolio Pulse from Jelena Martinovic

September 26, 2024 | 2:56 pm

Ispire Technology shares are trading higher after the release of their FY24 financial results, indicating positive market reception.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 1:31 pm

Ispire Technology reported a fiscal year 2024 EPS of $(0.27), a decrease from $(0.12) the previous year. However, revenue increased to $151.9 million from $115.6 million.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 10:36 am

Ispire Technology anticipates a 31.4% increase in revenue, reaching approximately $151.9 million for the fiscal year ending June 30, 2024.

Portfolio Pulse from Nabaparna Bhattacharya

September 13, 2024 | 10:25 am

Ispire Technology Inc. (NASDAQ: ISPR) has signed a 30-year exclusive global licensing agreement with Hidden Hills Club to manufacture, distribute, and commercialize Hidden Hills' nicotine products. The rollout will begin in the UAE and South Africa, followed by the UK and EU. This partnership aims to expand Ispire's product offerings and market reach, despite recent financial losses.

Portfolio Pulse from Rolando García

August 07, 2024 | 12:17 am

Ispire Technology has signed an exclusive 30-year global licensing agreement with Hidden Hills Club to expand into the global nicotine products market.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 12:33 pm

Sotera Health (NASDAQ:SHC) reported better-than-expected quarterly results, leading to a 10.2% rise in its stock price. Other notable gainers include Kellanova (NYSE:K), Ispire Technology (NASDAQ:ISPR), New Oriental Education (NYSE:EDU), Sonic Automotive (NYSE:SAH), ZTO Express (NYSE:ZTO), Gaotu Techedu (NASDAQ:GOTU), and Twist Bioscience (NASDAQ:TWST).

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 3:22 pm

Roth MKM analyst Scott Fortune has reiterated a Buy rating on Ispire Technology (NASDAQ:ISPR) and raised the price target from $11 to $12.5.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 2:48 pm

Ispire Technology Inc. (NASDAQ: ISPR) CEO Michael Wang predicts that vaping will surpass cannabis flower sales within the next 2-3 years. Ispire has seen a 57% year-over-year increase in cannabis-related hardware sales, driven by innovation and strategic expansions. The company has also partnered with Acreage Holdings (OTCQX: ACRDF, ACRHF) and is pioneering regulatory compliance technology.

Portfolio Pulse from Patricio Liddle

June 12, 2024 | 1:16 pm

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