The second quarter financial results of Agora (NASDAQ: API) will be revealed on Monday 19th August 2024. The big news will come out after market close, so investors can learn more about how the company is doing financially.
As per the projections made by financial experts on Wall Street, the company is expected to announce an estimated $0.07 loss per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $40 million.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $145.57 million for the fiscal year. Additionally, these analysts anticipate that the company will report loss of $0.25 per share during the same period.
The earnings report for the corresponding quarter in the previous year showcased a per-share loss of $0.07. This considerable sum was attributed to the company's total revenue, which reached an impressive $34.04 million during that specific quarter.
Additionally, The company will host a conference call with investors and analysts on 19th August 2024 at 09:00 PM eastern time to review the Q2 2024 financial results.
Throughout the previous trading day, Agora (API) shares fluctuated between $2.19 and $2.31, with a trading volume of 65.00 thousand shares. The stock ended the regular trading session at $2.28, indicating decline of 0.44 percent.