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Agora Expects Q3 Revenue Of $31.5-$33.5M

Author: Benzinga Newsdesk | August 20, 2024 03:18am

Financial Outlook

Based on the currently available information, the Company expects total revenues for the third quarter of 2024 to be between $31.5 million and $33.5 million. This outlook reflects the Company's planned end of sale of certain products with unsatisfactory profitability. Such products generated approximately $2.4 million of revenues in the third quarter of 2023 and $3.3 million of revenues in the second quarter of 2024.

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