Agora Inc. (API) Tops Q4 EPS by 1c, Offers Guidance

Agora Inc. (NASDAQ: API) reported Q4 EPS of ($0.06), $0.01 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $33.3 million versus the consensus estimate of $31.04 million.

GUIDANCE:

Agora Inc. sees FY2021 revenue of $178-182 million, versus the consensus of $169.3 million.

• Based on currently available information, Agora expects that the preliminary estimates of total revenues for the fiscal year ending December 31, 2021 to be between $178 million and $182 million. This outlook reflects the company’s current and preliminary views on the market and operational conditions, and the outlook ranges for fiscal year 2021 reflect a number of assumptions that are subject to change based on uncertainties such as the impact of the COVID-19 pandemic.

For earnings history and earnings-related data on Agora Inc. (API) click here.

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