2024-05-10 11:50:02 ET
Summary
- Agora, Inc. provides developers with embedded real-time video and communication services.
- The market for WebRTC products and services is expected to grow at a high CAGR of 43.4% from 2020 to 2027.
- Agora has been experiencing declining revenue and needs to reignite growth while cutting costs.
- I remain Bearish [Sell] on Agora, Inc.
Investment Outlook
Agora, Inc. ( API ) provides developers with embedded real-time video and other communications....
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Agora Cuts Costs And Continues Share Buybacks As Revenue Drops