Agora, Inc. Reports First Quarter 2021 Financial Results

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Agora Inc. (API) Misses Q1 EPS by 13c, Revenues Beat

May 24, 2021 6:16 PM EDT

Agora Inc. (NASDAQ: API) reported Q1 EPS of ($0.14), $0.13 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $40.2 million versus the consensus estimate of $36.67 million.

First Quarter 2021 Highlights

Total revenues for the quarter were $40.2 million, an increase of 13.1% from $35.6 million in the first quarter of 2020.Active Customers as of March 31, 2021 were 2,324, excluding those for Easemob, an increase of 97.6% from 1,176 as of March 31, 2020.Constant... More