Update
$SEALSQ Corp(LAES.US$ SEALSQ Provides Business Update, Says As Of June 30, 2024, The Co's New Business Pipeline Stood At $71M, With A Cash Position Of $19M. Preliminary Unaudited Revenue Of $5M For H1 2024 Is Reflective Of The Expected Slowdown In Traditional Semiconductor Demand; Sees A Stronger H2 2024 And A Return To Growth In 2025
As Expected, Preliminary Unaudited H1 2024 Revenue Reflects Transition Period; the Company Anticipates a Stronger H2 2024 and a Return to Growth in 2025
Strong Cash Position of $19 Million and Robust New Business Pipeline of $71 Million at June 30, 2024, Combined with the Development of Post-Quantum Solutions, Position the Company Well for Future Growth
As Expected, Preliminary Unaudited H1 2024 Revenue Reflects Transition Period; the Company Anticipates a Stronger H2 2024 and a Return to Growth in 2025
Strong Cash Position of $19 Million and Robust New Business Pipeline of $71 Million at June 30, 2024, Combined with the Development of Post-Quantum Solutions, Position the Company Well for Future Growth
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
苦海明燈你在哪裡 : good or bad news
Trytosaveabit OP 苦海明燈你在哪裡 : IMO I think it’s pretty good news going forward
Benjamin’s : This is a good entry point for this company.
Trytosaveabit OP Benjamin’s : Yes it is! It’s just been shorted hard! Going to need a great PR as a catalyst to overcome them! But agree with you