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RPI — Raspberry PI Holdings News Story

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UK's Raspberry Pi surges after record first-half profit, revenue

BUZZ-UK's Raspberry Pi surges after record first-half profit, revenue

** Shares of single-board computing company Raspberry Pi RPI.L jump 17.97% at 745p, top gainer across London stocks

** H1 pretax profit rises 216% to $19.6 mln from $6.2 mln a year earlier

** H1 revenue jumps 90% to $256.9 mln from $135.5 mln last year

** Says delivered record first-half performance, driven by strong OEM and reseller demand, higher unit shipments and favourable product mix

** YTD, stock is up 110%


(Reporting by Krisha Bhatt in Bengaluru)

((krisha.bhatt@thomsonreuters.com))

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