CPOP - Why Pop Culture Group Stock Is Up | Benzinga
Pop Culture Group Co., Ltd (NASDAQ:CPOP) shares are trading higher Thursday after the company released an interim financial report which showed the second half of 2023 showed an increase in overall operational performance.
The Details:
For the six months ended Dec. 31, 2023, the company reported consolidated revenues of approximately $24 million, representing an increase of $12.75 million from the same period last year, reflecting 113% year-on-year growth.
Pop Culture Group's consolidated gross profit for the second half of 2023 increased from a deficit of $2.34 million to gross profits of $1.78 million.
The company expects business expansion and growth ...