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0 0 0 0 0.0022944088878155 -0.0338123415046494 -0.0484241033691585 -0.0759570100229442
Stock impact report

Newegg Announces Fiscal Year 2023 Results and Fiscal Year 2024 Guidance

Newegg Commerce, Inc. - Common Shares (NEGG) 
Company Research Source: Business Wire
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced results for the fiscal year ended December 31, 2023 and guidance for the fiscal year ending December 31, 2024.Newegg Chief Executive Officer Anthony Chow announced, “Despite the challenging environment, we remain optimistic for an exciting new product launch cycle in the second part of the year, including next generation GPUs and CPUs from AMD, Intel and NVIDIA. The range of new product launches are catered towards the increasing consumer demand for AI-driven computing performance, and Newegg believes we are well-positioned to help meet that demand. In addition, we expect several key initiatives to continue to gain traction in the second half of the year, including a focused expansion into adjacent marketplace verticals, a new AI PC product line for ABS, and the launch of Newegg Refreshed, our line of professionally refurbished products Show less Read more
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