The Glimpse Group, Inc. Provides Revenue Guidance for the Second Quarter and Third Quarter of the Fiscal Year 2024
November 14, 2023 at 04:01 pm EST
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The Glimpse Group, Inc. provided revenue guidance for the second quarter and third quarter of the fiscal year 2024. For the second quarter, the company expects to have lower revenue.
For the third quarter, the company expects rebound in revenue as the company begin to recognize revenue relating to its strategic shift.
The Glimpse Group, Inc. is a diversified immersive technology platform company engaged in providing enterprise-focused virtual reality (VR), augmented reality (AR) and spatial computing software and services. Its platform of immersive technology subsidiary companies, collaborative environment and diversified business model focuses on simplifying the challenges faced by companies in the emerging immersive technology industry. It develops, commercializes, and markets immersive technology software products, solutions, and intellectual property (IP). Its platform is comprised of various wholly owned subsidiary companies, each targeting different industry segments, including corporate training, education, healthcare, government and defense, branding/marketing/advertising, retail, financial services, food and hospitality, media and entertainment, architecture/engineering/construction (AEC), corporate events and presentations, beauty and cosmetics, and social VR support groups and therapy.