API - Agora Non-GAAP EPS of -$0.16 misses by $0.07 revenue of $36.4M beats by $0.15M
2023-05-30 21:36:04 ET
- Agora press release ( NASDAQ: API ): Q1 Non-GAAP EPS of -$0.16 misses by $0.07 .
- Revenue of $36.4M (-5.7% Y/Y) beats by $0.15M .
- Total cash, cash equivalents, bank deposits and financial products issued by banks as of March 31, 2023 was $416.5 million.
- Net cash used in operating activities for the quarter was $8.9 million, compared to $15.9 million in the first quarter of 2022.
- Gross profit was $22.8 million in the first quarter of 2023, a decrease of 5.1% from $24.1 million in the same period last year. Gross margin was 62.7% in the first quarter of 2023, an increase of 0.3% from 62.4% in the same period last year,
For further details see:
Agora Non-GAAP EPS of -$0.16 misses by $0.07, revenue of $36.4M beats by $0.15M