API News and Press, Agora Inc. From 11/21/22

SANTA CLARA, Calif., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its unaudited financial results for the third quarter ended September 30, 2022. “We delivered ...

Summary On a TTM basis, operating expenses have been increasing while revenue has slightly declined. Share-based compensation has increased in absolute terms and as a percentage of revenue. Challenging macro environments in China, US, and the Eurozone suggest that Agora will c...

SANTA CLARA, Calif., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the third quarter ended September 30, 2022 after the close of U.S. markets on Novemb...

Summary Philippe Laffont’s 13F portfolio value decreased from $13.67B to $8.26B this quarter. They increased Amazon.com, JD.com, Enphase Energy, Alibaba Group Holdings, and Lucid Group while reducing Rivian Automotive, Visa, Snowflake, Sea Ltd., DoorDash, Nvidia, and Roblox...

Agora Announces Speaker Lineup for Annual RTE2022 Conference PR Newswire Execs from Meta, ByteDance, Spotify, Bose, Sony, LinkedIn, PwC, and more will participate in sessions focusing on the Metaverse, and other top real-time engagement trends SANTA CLARA, Ca...

Agora's ( NASDAQ: API ) founder, chairman and CEO Mr. Tony Zhao intends to use his personal funds to purchase up to an aggregate of $30M of the company’s ADSs or Class A ordinary shares for the next 12 months. The company has repurchased $19.8M of its...

SANTA CLARA, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced the appointment of Mr. Sheng (Shawn) Zhong as its Chief Technology Officer, effective immediately. Mr. Zho...

SANTA CLARA, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced that Mr. Tony Zhao, founder, chairman and CEO of Agora, has informed Agora’s board of directors of ...

Summary Cloud software stocks have been hammered in the past few months. The WisdomTree Cloud Computing ETF is down 57% from its previous high, and almost 20% in the past month alone. As we wrap up earnings season, some trends have emerged. Many software stocks have hit tw...

Agora ( API ) is trading ~4% lower as a new online education regulation in China negatively impacted the Chinese Real-Time Engagement Platform-as-a-Service (RTE-PaaS) provider's Q2 revenues. The company's Q2 GAAP EPS was -$0.27 (vs. -$0.14 Y/Y) and revenue was $41M (vs. ...