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Agora Shares Rise 11% On Higher Revenue And Return To Profit In Q3

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Agora, Inc. (API) climbed 11.16 percent, rising $0.37 to $3.68 on Thursday after reporting third-quarter revenue of $35.4 million, up 12 percent from $31.6 million a year earlier. The company posted net income of $2.7 million, reversing a net loss of $24.2 million in the same quarter last year.

The stock is trading at $3.68, compared with a previous close of $3.31 on the Nasdaq. Today's trading range is between $3.40 and $3.98, with volume at about 1.25 million shares.

Agora's 52-week range is $2.5250 to $6.99.

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