Brief: Agora Reports First Quarter Financial Results

Agora

30/05/2023 23:22

May 30 (Reuters) - Agora Inc  API.O :
    * AGORA, INC. REPORTS FIRST QUARTER 2023 FINANCIAL RESULTS
    * AGORA INC Q1 REVENUE FELL 5.6 PERCENT TO $36.4 MILLION
    * AGORA INC - QTRLY NET LOSS PER ADS $0.16
    * AGORA INC - GOING FORWARD, WILL OPERATE TWO INDEPENDENT
DIVISIONS UNDER SEPARATE BRANDS AND LED BY SEPARATE LEADERSHIP
TEAMS
    * AGORA INC - U.S. AND INTERNATIONAL BUSINESS WILL OPERATE
UNDER
AGORA BRAND, AND CHINA BUSINESS WILL OPERATE UNDER SHENGWANG
BRAND
    * AGORA INC - EXPECTS TOTAL REVENUES FOR Q2 OF 2023 TO BE
BETWEEN
$34 MILLION AND $37 MILLION

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