Taoping Reports Record 78% Year-Over-Year Contract Revenue Growth for January [Yahoo! Finance]
Taoping Inc. - Ordinary Shares (TAOP)
Company Research
Source: Yahoo! Finance
and solutions, new media and artificial intelligence solutions, today reported 78% year-over-year growth in contract revenue for the month of January 2024 . With a total value of RMB 25.8 million (approximately USD $3.6 million ), the record monthly contract revenue level was driven by demand for the Company's recently launched AI-related products and its innovative new off-grid wastewater treatment solution. The Company noted it expects the growth momentum to continue throughout the year as it benefits from increased demand led by its city partner ecosystem and comprehensive portfolio of AI-related products and its Smart City solutions. Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "We achieved our latest significant milestone, delivering record contract revenue growth during a typically slower period marked by Chinese New Year closures. Demand from customers for Taoping's advanced Cloud Nest AI system, intelligent Cloud platform, cutting-edge Smart City solutions, and in
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TAOP
News
- 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 2023 [Yahoo! Finance]Yahoo! Finance
- 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