Taoping Reports Record 1Q 2024 Contract Revenue with 53% Increase Compared to 1Q 2023 [Yahoo! Finance]
Taoping Inc. - Ordinary Shares (TAOP)
Company Research
Source: Yahoo! Finance
and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of RMB 60.1 million (approximately USD $8.3 million ) for the first quarter of 2024, representing an increase of 53% compared to the first quarter of 2023. The record growth continues to be driven by customer demand for the Company's cutting-edge Smart City solutions, AI-related products and innovative off-grid wastewater treatment solutions. The Company reiterated its expectation for sustained growth momentum throughout the year due to its previously implemented growth strategy. This growth is projected to be driven by increased demand led by its city partner ecosystem, its diverse range of AI products and innovative Smart City solutions, which are empowered by the Company's advanced Cloud Nest AI system and intelligent Cloud platform. Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "We are encouraged by the robust growth we've experienced and the positive feedback
Show less
Read more
Impact Snapshot
Event Time:
TAOP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TAOP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TAOP alerts
High impacting Taoping Inc. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
TAOP
News
- Taoping Full Year 2023 Earnings: US$0.12 loss per share (vs US$0.37 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Taoping Reports 59% Surge in Revenue for Full Year 2023; Company Expects Continued Growth in 2024 [Yahoo! Finance]Yahoo! Finance
- Taoping Reports 59% Surge in Revenue for Full Year 2023; Company Expects Continued Growth in 2024PR Newswire
- Taoping reports 53% rise in Q1 total contract revenue value to $8.3M [Seeking Alpha]Seeking Alpha
- Taoping Reports Record 1Q 2024 Contract Revenue with 53% Increase Compared to 1Q 2023PR Newswire
TAOP
Sec Filings
- 4/25/24 - Form 20-F
- 4/25/24 - Form 6-K
- TAOP's page on the SEC website