Agora, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 21, 2023 at 05:00 pm EST
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Agora, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 35.02 million compared to USD 40.99 million a year ago. Net loss was USD 22.51 million compared to USD 27.7 million a year ago. Basic loss per share from continuing operations was USD 0.24 compared to USD 0.24 a year ago.
For the nine months, revenue was USD 105.5 million compared to USD 120.55 million a year ago. Net loss was USD 84.61 million compared to USD 85.32 million a year ago. Basic loss per share from continuing operations was USD 0.84 compared to USD 0.76 a year ago.
Agora Inc is a company engaged in providing real-time engagement services on video, voice and messaging. The Company operates a real-time engagement platform-as-a-service (RTE-PaaS) to provide the software and infrastructure required to enable real-time engagement. The Company's products include Real-Time Video, Real-Time Voice, Real-Time Messaging, Real-Time Recording and so on. The products and services are applied in social, gaming, retail, education and other areas. The Company operates its businesses in China, the United States and other countries in Asia Pacific region.
AGORA, INC. 
