Agora Stock Moves Up After Q1 Revenue Beats Forecasts, Investors Watch AI Margins
Agora shares rose 4 cents to $4.27 Thursday after the company reported first-quarter revenue of $37.7 million, up 13.5%, and net income of $1.1 million. Active customers increased to 3,946. Agora expects second-quarter revenue between $39 million and $40 million. The company held $366.1 million in cash at quarter’s end.