Agora Inc. (API) Reports Q2 Loss of $4.60/sh
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August 17, 2020 5:01 PM EDT
SANTA CLARA, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (Agora), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the second quarter ended June 30, 2020.
We delivered strong results in our first quarter as a public company, with total revenues up 128% year-over-year. Our efficient and scalable business model focused on developers also contributed to positive GAAP profitability and free cash flow in the quarter, said Tony Zhao, founder, chairman and CEO of Agora. Developers around the world continue to use Agoras real-time... More
August 17, 2020 5:00 PM EDT
SANTA CLARA, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (Agora), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the second quarter ended June 30, 2020.
We delivered strong results in our first quarter as a public company, with total revenues up 128% year-over-year. Our efficient and scalable business model focused on developers also contributed to positive GAAP profitability and free cash flow in the quarter, said Tony Zhao, founder, chairman and CEO of Agora. Developers around the world continue to use Agoras real-time... More
