Agora Inc. (API) Misses Q4 EPS by 18c

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Go back to Agora Inc. (API) Misses Q4 EPS by 18c

Agora, Inc. Reports Fourth Quarter and Fiscal Year 2022 Financial Results

February 27, 2023 5:00 PM EST

SANTA CLARA, Calif., Feb. 27, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (Agora), a pioneer and leading platform for real-time engagement APIs, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2022.

We made significant adjustments to our organization and strategy to overcome the many challenges in 2022, including regulatory changes in certain market and a turbulent macroeconomic environment, said Tony Zhao, founder, chairman and CEO of Agora. In recent months, we further streamlined our operations and simplified our organizational structure to help our teams become... More