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Mynd AI | 6-K: Report of foreign private issuer (related to financial reporting)

Mynd AI | 6-K: Report of foreign private issuer (related to financial reporting)

Mynd AI | 6-K:外国发行人报告(业绩相关)
美股SEC公告 ·  08/29 07:55
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Mynd AI, Inc., a leader in interactive technology, reported its financial results for the first half of 2024, revealing a revenue decline and a net loss increase. The company's revenue dropped to $166.0 million from $222.5 million in the same period last year, attributed to reduced customer spending due to budget uncertainties. Despite the revenue decline, gross margins improved by 100 basis points to 27.3% due to increased operational efficiencies. The net loss widened to $47.8 million from $15.7 million, primarily due to a valuation allowance against U.S. deferred tax assets and lower sales volumes. Adjusted EBITDA loss improved slightly by $0.6 million. Mynd AI's CEO, Vin Riera, acknowledged the industry-wide demand softening but expressed confidence in the company's business model and its ability to navigate market challenges. The company has implemented cost-saving measures and continues to focus on operational efficiencies. Mynd AI ended the period with $69.4 million in cash and is actively pursuing cost optimization and evaluating its capital allocation strategy.
Mynd AI, Inc., a leader in interactive technology, reported its financial results for the first half of 2024, revealing a revenue decline and a net loss increase. The company's revenue dropped to $166.0 million from $222.5 million in the same period last year, attributed to reduced customer spending due to budget uncertainties. Despite the revenue decline, gross margins improved by 100 basis points to 27.3% due to increased operational efficiencies. The net loss widened to $47.8 million from $15.7 million, primarily due to a valuation allowance against U.S. deferred tax assets and lower sales volumes. Adjusted EBITDA loss improved slightly by $0.6 million. Mynd AI's CEO, Vin Riera, acknowledged the industry-wide demand softening but expressed confidence in the company's business model and its ability to navigate market challenges. The company has implemented cost-saving measures and continues to focus on operational efficiencies. Mynd AI ended the period with $69.4 million in cash and is actively pursuing cost optimization and evaluating its capital allocation strategy.
Mynd AI,一家互动技术领先企业,公布了2024年上半年的财务结果,披露了营业收入下降和净亏损增加的情况。公司的营业收入从去年同期的2.225亿元下降到了1.66亿元,归因于预算不确定性导致客户支出减少。尽管营业收入下降,毛利率由增加了100个基点至27.3%,得益于运营效率的提高。净亏损从1.57亿元增加至4.78亿元,主要是由于美国递延税款资产计提减值准备和销售量下降。调整后的EBITDA亏损略有改善,减少了60万元。Mynd AI的首席执行官文·里埃拉承认行业需求有所减弱,但对公司的商业模式和市场应对能力充满信心。公司已经实施了节约成本的措施,并继续专注于提高运营效率。Mynd AI截至期末现金为6940万元,并积极追求成本优化和评估资本配置策略。
Mynd AI,一家互动技术领先企业,公布了2024年上半年的财务结果,披露了营业收入下降和净亏损增加的情况。公司的营业收入从去年同期的2.225亿元下降到了1.66亿元,归因于预算不确定性导致客户支出减少。尽管营业收入下降,毛利率由增加了100个基点至27.3%,得益于运营效率的提高。净亏损从1.57亿元增加至4.78亿元,主要是由于美国递延税款资产计提减值准备和销售量下降。调整后的EBITDA亏损略有改善,减少了60万元。Mynd AI的首席执行官文·里埃拉承认行业需求有所减弱,但对公司的商业模式和市场应对能力充满信心。公司已经实施了节约成本的措施,并继续专注于提高运营效率。Mynd AI截至期末现金为6940万元,并积极追求成本优化和评估资本配置策略。
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