Ispire Technology Inc. (ISPR) Reports Strong Revenue Growth Amidst Rising Operating Costs [Yahoo! Finance]
Ispire Technology Inc. (ISPR)
Company Research
Source: Yahoo! Finance
Cannabis Vaping Hardware Sales : Skyrocketed by 149% to $19.5 million in North America. Operating Expenses : Jumped 114% to $10.3 million due to marketing and professional fees. Net Loss : Widened to $4.0 million, or $(0.07) per share, compared to a net loss of $130 thousand in the previous year. Cash Position : Ended the period with $17.5 million in cash and cash equivalents. Fiscal Year 2024 Outlook : Cannabis vaping products revenue projected to grow 100% to 125%; tobacco vaping products expected to increase by 33% to 47%. Warning! GuruFocus has detected 4 Warning Sign with ISPR. On February 20, 2024, Ispire Technology Inc ( NASDAQ:ISPR ) released its 8-K filing , announcing financial results for the fiscal second quarter of 2024, which ended December 31, 2023. The company, a leader in vapor technology, specializes in the research, development, and distribution of branded e-cigarettes and cannabis vaping products. Financial Performance and Strategic Initiatives ISP
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ISPR
News
- Ispire Technologies Inks Long-Term Agreement with Acreage Holdings, Inc. [Yahoo! Finance]Yahoo! Finance
- Ispire Technologies Inks Long-Term Agreement with Acreage Holdings, Inc.PR Newswire
- Ispire Technology Inc. to Present at the Benzinga Cannabis Capital Conference on April 17, 2024 [Yahoo! Finance]Yahoo! Finance
- Ispire Technology Inc. to Present at the Benzinga Cannabis Capital Conference on April 17, 2024PR Newswire
- Ispire Technology Announces Closing of $12.3 Million Public OfferingPR Newswire
ISPR
Sec Filings
- 4/11/24 - Form 8-K
- 4/8/24 - Form 4
- 4/8/24 - Form 4
- ISPR's page on the SEC website