AGORA INTEGRATES WITH OPENAI TO ENABLE REAL-TIME CONVERSATIONAL AI
- Agora Launches Conversational AI SDK, Integrated with OpenAI's Realtime API to Power the Evolution of Natural, Voice-Driven AI Experiences SANTA CLARA, Calif. , Oct. 3, 2024 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today announced the launch of its revolutionary Conversational AI SDK , integrated with OpenAI's Realtime API to allow developers to seamlessly bring engaging, voice-driven AI experiences to any app.
- 10/03/2024
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Agora (API) Surges Over 97% with Launch of aPaaS Product "Lingdong Meeting"
- Shares of Agora (API, Financial) skyrocketed, registering an impressive increase of over 97% to $5.42. The trading volume exceeded 51.4 million shares.
- 10/02/2024
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Agora (API) Loses -24.4% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- The heavy selling pressure might have exhausted for Agora (API) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
- 08/29/2024
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Agora, Inc. Reports Second Quarter 2024 Financial Results
- SANTA CLARA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the second quarter ended June 30, 2024.
- 08/19/2024
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Agora, Inc. to Report Second Quarter 2024 Financial Results on August 19, 2024
- SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the second quarter ended June 30, 2024 after the close of U.S. markets on August 19, 2024. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 08/05/2024
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Agora, Inc. Reports First Quarter 2024 Financial Results
- SANTA CLARA, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the first quarter ended March 31, 2024.
- 05/22/2024
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Achates' demonstrates up to 20% efficiency improvement v. today's engines while meeting 2027 ultra-low NOx standards with today's aftertreatment
- LAS VEGAS--(BUSINESS WIRE)--Achates Power Inc reveals industry changing 2027 emissions demonstration results for the future of internal combustion technology.
- 05/20/2024
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Triple Your Money: 3 Stocks with Potential for a 300% Increase by 2025
- Three exceptional equities have surfaced amid market upswings, providing solid chances for investors' money to triple by 2025. Their unique growth paths and strengths have garnered attention.
- 05/13/2024
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Agora, Inc. to Report First Quarter 2024 Financial Results on May 22, 2024
- SANTA CLARA, Calif., May 10, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the first quarter ended March 31, 2024 after the close of U.S. markets on May 22, 2024. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 05/10/2024
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SURVEY: Consumers Want More Live Interactive Shopping Events
- 61% of consumers under 55 express interest in live shopping experiences SANTA CLARA, Calif. , May 8, 2024 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs in the interactive live shopping sector, today announced the results of a commissioned study examining consumer perceptions surrounding live shopping.
- 05/08/2024
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Agora Launches Advanced Video Technology to Enhance Live Stream Quality
- Agora's Adaptive Video Optimization™ (AVO) technology dynamically optimizes performance at every step, from capture to playback, to deliver exceptional live video quality. SANTA CLARA, Calif.
- 05/01/2024
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Agora Partners with EZDRM To Bring Content Protection To Live Broadcasting
- The partnership expands Agora's focus on media and entertainment with digital rights management (DRM) solutions that safeguard live content SANTA CLARA, Calif. , April 11, 2024 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today announced a new partnership with EZDRM, the premier provider of Digital Rights Management as a Service (DRMaaS).
- 04/11/2024
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Ahead of the Curve: 7 Stocks to Buy Before They Go Mainstream
- If you're on the hunt for overlooked stocks to buy, look no further. Finding possible winners before they become popular picks might be the key to achieving sizable profits in the ever-changing world of stock investments.
- 04/10/2024
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Tomorrow's Titans: 7 Stocks to Own for a Decade of Unstoppable Gains
- Savvy investors traverse the complex financial markets to find the Holy Grail or stocks they should hold for ten years. Because the stories of these businesses contain the blueprints for prosperity, the trip is just as important as the goal in this search.
- 03/27/2024
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3 Disruptive Tech Stocks That Could Skyrocket Your Earnings
- Discovering the secret to profitable returns in the fast-paced world of investing sometimes seems like an illusory pursuit. Disruptive tech stocks, however, stand out as opportunities amid the wave of market turbulence.
- 03/19/2024
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Future Titans: 3 Tech Stocks Ready to Dominate the Next Decade
- Innovation sparks valuation revolutions in the vast expanse of tech stocks; disruption rules here. Three luminaries stand poised on the cusp of greatness.
- 03/14/2024
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Agora, Inc. Sponsored ADR (API) Upgraded to Buy: Here's What You Should Know
- Agora, Inc. Sponsored ADR (API) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 02/29/2024
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Agora, Inc. (API) Q4 2023 Earnings Call Transcript
- Agora, Inc. (API) Q4 2023 Earnings Call Transcript
- 02/26/2024
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Agora, Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results
- SANTA CLARA, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2023.
- 02/26/2024
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Agora, Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 26, 2024
- SANTA CLARA, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 after the close of U.S. markets on February 26, 2024. Agora, Inc. will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 02/08/2024
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Agora, Inc. Announces Executive Leadership Update
- SANTA CLARA, Calif., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced a change in its executive leadership. Stanley Wei will step down from his roles as the Company's Chief Strategy Officer and Chief Operating Officer, Agora. Mr. Wei will transition his operational responsibilities to Tony Zhao, founder, chairman and CEO of the Company, and Tony Wang, Chief Revenue Officer, Agora, effective December 7, 2023.
- 12/07/2023
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Agora, Inc. (API) Q3 2023 Earnings Call Transcript
- Agora, Inc. (NASDAQ:API ) Q3 2023 Results Conference Call November 21, 2023 8:00 PM ET Company Participants Tony Zhao - Founder, Chairman and CEO Jingbo Wang - CFO Conference Call Participants Tom Tang - Morgan Stanley Daley Li - BofA Securities Operator Good day, and thank you for standing by. Welcome to Agora, Inc. Third Quarter 2023 Financial Results Conference Call.
- 11/22/2023
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Agora, Inc. Reports Third Quarter 2023 Financial Results
- SANTA CLARA, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2023.
- 11/21/2023
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Agora Announces RTE Telehealth, A Webinar Exploring the Impact of AI and AR/VR in Virtual Healthcare
- The dual session will explore how emerging technologies can improve patient interaction and healthcare delivery in telehealth SANTA CLARA, Calif. , Nov. 13, 2023 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, has announced its RTE Telehealth webinar event, designed to help healthcare professionals chart the course toward a future where state-of-the-art technologies will transform the way we deliver and receive healthcare and drive better patient outcomes.
- 11/13/2023
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Agora, Inc. to Report Third Quarter 2023 Financial Results on November 21, 2023
- SANTA CLARA, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the third quarter ended September 30, 2023 after the close of U.S. markets on November 21, 2023. Agora, Inc. will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 11/08/2023
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Agora Makes Livestream Shopping Technology Widely Available
- Agora's live commerce capabilities help retail brands and platforms like CommentSold interact with customers in new ways SANTA CLARA, Calif. , Oct. 25, 2023 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, has announced the wide availability of its technology to power livestream shopping experiences.
- 10/25/2023
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Harnessing the Power of Live Shopping: Agora Announces Comprehensive Four-Part Webinar Series
- Over four consecutive weeks in September and October, the series will delve into live shopping, equipping brands and platforms with transformative insights for real-time customer engagement. SANTA CLARA, Calif.
- 09/06/2023
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Agora, Inc. (API) Q2 2023 Earnings Call Transcript
- Agora, Inc. (NASDAQ:API ) Q2 2023 Results Conference Call August 21, 2023 9:00 PM ET Company Participants Tony Zhao - Co-Founder, Chief Executive Officer & Chairman Jingbo Wang - Chief Financial Officer Conference Call Participants Harry Zhuang - Bank of America Securities Operator Good day, and thank you for standing by. Welcome to Agora Inc. Second Quarter 2023 Financial Results Conference Call.
- 08/22/2023
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The Afterhours: Zoom, Fabrinet, Faraday Future, Agora report earnings; SoftBank's Arm files for Nasdaq listing
- Shares of Zoom Video Communications Inc added nearly 4% in extended trading Monday after the company's second-quarter results topped Street expectations. The company posted earnings of $1.34 per share, well above expectations of $1.05 per share, on revenue of $1.14 billion, compared to expectations of $1.12 billion.
- 08/21/2023
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Video communication software firm Agora decidedly misses 2Q expectations
- Agora, a video communication company, failed to meet Street expectations on the top or bottom line with its second-quarter results. The Zoom rival posted revenue of $34 million, down 17% year-over-year and below expectations of $39 million.
- 08/21/2023
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Agora, Inc. to Report Second Quarter 2023 Financial Results on August 21, 2023
- SANTA CLARA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the second quarter ended June 30, 2023 after the close of U.S. markets on August 21, 2023. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 08/08/2023
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7 Cheap Tech Stocks That Smart Investors Will Snap Up Now
- The growth portion of the market is on fire right now. From mega-cap tech stocks on down through more speculative names in fields such as AI, electric vehicles, and space technologies, investors are taking shots at potential big winners.
- 08/02/2023
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Reddit Blackout Alert: Why Is Reddit Down Today?
- It's not everyday the “front page of the internet” is forced to close its doors. What's up with the Reddit blackout?
- 06/12/2023
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Appia reveals plans for upcoming Alces Lake rare earths work program
- Appia Rare Earths & Uranium Corp laid out it is plans to develop its Alces Lake rare earths property in an upcoming work program. The firm has mobilized a field crew at the property in northern Saskatchewan, it said in a statement.
- 05/29/2023
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The 7 Tech Stocks You Need to Own Now for Maximum Returns
- Offering a heavy counterpoint to the blue chips that dominate the headlines of The Wall Street Journal, the best tech stocks to buy for maximum returns represent a lesser-known category. Typically trading in the sphere of small-capitalization plays (basically anything south of $2 billion), enterprises that deliver bonkers rewards require patience and an iron will.
- 05/21/2023
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Agora, Inc. to Report First Quarter 2023 Financial Results on May 30, 2023
- SANTA CLARA, Calif., May 15, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the first quarter ended March 31, 2023 after the close of U.S. markets on May 30, 2023. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 05/15/2023
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3 Hot Penny Stocks To Watch With The Stock Market Down Today
- The stock market is down today because recession fears are returning to
- 04/04/2023
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Agora, Inc. (API) Q4 2022 Earnings Call Transcript
- Agora, Inc. (NASDAQ:API ) Q4 2022 Earnings Conference Call February 27, 2023 8:00 PM ET Company Participants Fionna Chen - Director, IR Tony Zhao - Co-Founder, CEO & Chairman Jingbo Wang - CFO Conference Call Participants Yang Liu - Morgan Stanley Daley Li - Bank of America Merrill Lynch Bing Duan - Nomura Securities Allen Li - JPMorgan Chase & Co. Operator Good day, and thank you for standing by. Welcome to the Agora Fourth Quarter 2022 Financial Results.
- 02/28/2023
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Agora, Inc. to Report Fourth Quarter 2022 Financial Results on February 27, 2023
- SANTA CLARA, Calif., Feb. 19, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the fourth quarter ended December 31, 2022 after the close of U.S. markets on February 27, 2023. Agora will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 02/19/2023
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Penny Stocks To Buy? 4 Cheap Stocks To Watch Right Now
- High volume penny stocks to watch right now. The post Penny Stocks To Buy?
- 02/09/2023
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Are Business Services Stocks Lagging Agora (API) This Year?
- Here is how Agora, Inc. Sponsored ADR (API) and Cap Gemini SA (CGEMY) have performed compared to their sector so far this year.
- 01/19/2023
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Why Agora Plunged Over 20% Today
- The Chinese enterprise software firm saw results come in below consensus in an uncertain Chinese economy.
- 11/22/2022
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Agora, Inc. (API) Q3 2022 Earnings Call Transcript
- Agora, Inc. (NASDAQ:API ) Q3 2022 Earnings Conference Call November 21, 2022 8:00 PM ET Company Participants Fionna Chen - Head of Investor Relations Tony Zhao - Founder, Chairman & Chief Executive Officer Jingbo Wang - Chief Financial Officer Conference Call Participants Bing Duan - Nomura Operator Good day and thank you for standing by. Welcome to the Agora Inc. Third Quarter 2022 Financial Results Conference Call.
- 11/21/2022
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Agora, Inc. to Report Third Quarter 2022 Financial Results on November 21, 2022
- SANTA CLARA, Calif., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the third quarter ended September 30, 2022 after the close of U.S. markets on November 21, 2022. Agora will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 11/07/2022
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Agora, Inc. (API) CEO Tony Zhao on Q2 2022 Results - Earnings Call Transcript
- Agora, Inc. (NASDAQ:API ) Q2 2022 Earnings Conference Call August 15, 2022 9:00 PM ET Company Participants Fionna Chen - Head, Investor Relations Tony Zhao - Founder, Chairman & Chief Executive Officer Jingbo Wang - Chief Financial Officer Conference Call Participants Yang Liu - Morgan Stanley Bing Duan - Nomura Allen Li - JPMorgan Operator Good day, and thank you for standing by. Welcome to Agora Inc.'s Second Quarter 2022 Financial Results Call.
- 08/16/2022
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Agora, Inc. to Report Second Quarter 2022 Financial Results on August 15, 2022
- SANTA CLARA, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the second quarter ended June 30, 2022 after the close of U.S. markets on August 15, 2022. Agora will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 08/01/2022
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The 7 Best Chinese Stocks to Buy Now
- Chinese stocks might be risky bets, but there's a flipside to that. Theoretically speaking, emerging market economies such as China grow at a much faster pace than developed nations until they reach maturity.
- 07/28/2022
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2 Net Current Asset Value Stocks to Consider
- There are some investors who buy U.S.-listed stocks that are trading below their liquidation value because they believe there is a lot to gain in these stocks after the market reprices shares to near or above their liquidation value.
- 07/18/2022
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Agora, Inc. (API) CEO Tony Zhao on Q1 2022 Results - Earnings Call Transcript
- Agora, Inc. (NASDAQ:API ) Q1 2022 Earnings Conference Call May 23, 2022 9:00 PM ET Company Participants Fionna Chen - Director, IR Tony Zhao - Founder, Chairman and CEO Jingbo Wang - CFO Conference Call Participants Yang Liu - Morgan Stanley Bing Duan - Nomura Operator Good day, everyone, thank you for standing by. Welcome to Agora, Inc's.
- 05/24/2022
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Agora Announces RTE2022 Virtual Conference
- Global Event Curated to Provide Insights on Live Interactive Video, Voice and Streaming Innovation SANATA CLARA, Calif., May 18, 2022 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for Real-Time Engagement (RTE) APIs, today announces its flagship RTE2022 conference is scheduled for October 10, 2022, to October 12, 2022.
- 05/18/2022
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Agora, Inc. to Report First Quarter 2022 Financial Results on May 23, 2022
- SANTA CLARA, Calif., May 13, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, will release its financial results for the first quarter ended March 31, 2022 after the close of U.S. markets on May 23, 2022. Agora will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 05/13/2022
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Agora, Inc. (API) CEO Tony Zhao on Q4 2021 Results - Earnings Call Transcript
- Agora, Inc. (API) CEO Tony Zhao on Q4 2021 Results - Earnings Call Transcript
- 02/23/2022
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Agora, Inc. to Report Fourth Quarter and Fiscal Year 2021 Financial Results on February 22, 2022
- SANTA CLARA, Calif., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, announced today that it will release financial results for the fourth quarter and fiscal year ended December 31, 2021 after the close of U.S. markets on February 22, 2022. Agora will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 02/09/2022
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Cloud basket feels like a buying opportunity, says Bessemer Venture Partners' Byron Deeter
- Byron Deeter of Bessemer Venture Partners joins 'Squawk on the Street' to discuss cloud stocks investors should target in 2022, where opportunities in tech exist and the catalysts for further growth.
- 01/04/2022
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Philippe Laffont's Top 3rd-Quarter Buys and Latest Real-Time Picks
- Coatue Management recently disclosed its 13F portfolio updates for the third quarter of 2021, which ended on Sept. 30.
- 11/29/2021
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Agora, Inc. (API) CEO Bin Zhao on Q3 2021 Results - Earnings Call Transcript
- Agora, Inc. (API) CEO Bin Zhao on Q3 2021 Results - Earnings Call Transcript
- 11/16/2021
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Agora, Inc. to Report Third Quarter 2021 Financial Results on November 15, 2021
- SANTA CLARA, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, announced today that it will release financial results for the third quarter ended September 30, 2021 after the close of U.S. markets on November 15, 2021. Agora will host a conference call to discuss the financial results at 5:00 p.m. Pacific Time / 8:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 11/03/2021
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Agora Brought Together Leading Global Voices at the World's Largest Real-Time Engagement Conference, RTE2021
- Agora also announced its Extensions Marketplace, a plan to devote $100M to the RTE Ecosystem, and the winner of its Startup Battleground Competition Agora also announced its Extensions Marketplace, a plan to devote $100M to the RTE Ecosystem, and the winner of its Startup Battleground Competition
- 09/08/2021
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7 Chinese Tech Stocks To Sell Before Regulators Kill Them
- Traders are looking for a bottom in Chinese companies. However, these seven Chinese tech stocks could face even more downside going forward.
- 09/02/2021
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STUDY: Demand for Real-Time, Interactive Digital Video & Audio Has Exploded in 2021
- New analysis is from Agora, who powers 50 billion minutes of video and audio engagements each month for the world's top apps New analysis is from Agora, who powers 50 billion minutes of video and audio engagements each month for the world's top apps
- 08/31/2021
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Agora Announces RTE2021 Virtual Conference Agenda, Curated to Provide Insights on Video, Voice and Streaming Innovations
- Ahead of the event, the company is also releasing data that helps developers understand Gen Z demand and preferences for real-time engagement technology Ahead of the event, the company is also releasing data that helps developers understand Gen Z demand and preferences for real-time engagement technology
- 08/24/2021
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Agora Transforms Live Gaming with Real-Time Engagement Through Partnership with De Kabeza
- SANTA CLARA, Calif., Aug. 12, 2021 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today announced a partnership with live mobile game company De Kabeza to bring real-time engagement (RTE) to their platform.
- 08/12/2021
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API Stock Price Falls Over 7% Pre-Market: Why It Happened
- The stock price of Agora, Inc. (NASDAQ: API) fell by over 7% pre-market. This is why it happened.
- 08/10/2021
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Agora, Inc. (API) CEO Tony Zhao on Q2 2021 Results - Earnings Call Transcript
- Agora, Inc. (API) CEO Tony Zhao on Q2 2021 Results - Earnings Call Transcript
- 08/09/2021
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Agora, Inc. Reports Second Quarter 2021 Financial Results
- SANTA CLARA, Calif., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the second quarter ended June 30, 2021.
- 08/09/2021
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Agora, Inc. to Report Second Quarter 2021 Financial Results on August 9, 2021
- SANTA CLARA, Calif., July 26, 2021 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, announced today that it will release financial results for the second quarter ended June 30, 2021 after the close of U.S. markets on August 9, 2021. Agora will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 07/26/2021
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Why Agora Stock Plummeted 22% on Friday
- The Chinese Communist Party is cracking down on more businesses.
- 07/23/2021
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DuPont De Nemours, Inc Among Today's Trending Stocks
- Q.ai runs daily factor models to get the most up-to-date reading on stocks and ETFs. Today, our deep-learning algorithms have identified DuPont De Nemours, Inc among others.
- 07/06/2021
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As Crude Inventories Fall, Oil Prices and ‘DBO' Keep Climbing
- The momentum for oil just keeps on building in 2021 as crude inventories fell recently, giving oil prices and the Invesco DB Oil Fund (DBO) even more strength. “The American Petroleum Institute (API) on Tuesday reported a draw in crude oil inventories of 7.199-million barrels for the week ending June 18,” an OilPrice.com report said.
- 06/24/2021
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Agora to Work with HP to Power Real Time Engagement in OMEN Oasis
- SANTA CLARA, Calif., June 21, 2021 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement (RTE) APIs, today announced it is working with HP Inc. to power RTE for OMEN Oasis - a feature currently in beta and available through OMEN Gaming Hub which is pre-installed on all OMEN PCs.
- 06/21/2021
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Agora Launches Agora App Builder for Highly Customized Video Chat and Live Streaming Apps for Creators and Companies - No Coding Required
- Agora helps developers and non-technical creators zoom past the competition with the launch of Agora App Builder SANTA CLARA, Calif., June 1, 2021 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today announced the launch of Agora App Builder to empower both developers and creators with absolutely no coding experience to break out of one-size-fits-all video conferencing solutions and start building custom apps tailored to their specific use case and brand.
- 06/01/2021
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Agora, Inc. (API) CEO Tony Zhao on Q1 2021 Results - Earnings Call Transcript
- Agora, Inc. (API) CEO Tony Zhao on Q1 2021 Results - Earnings Call Transcript
- 05/25/2021
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Agora, Inc. Reports First Quarter 2021 Financial Results
- SANTA CLARA, Calif., May 24, 2021 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the first quarter ended March 31, 2021.
- 05/24/2021
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Agora and Wipro Announce Partnership to Power Real-Time Engagement Through Voice and Video Services
- Partnership to provide advanced RTE services and further real time communication efforts for Wipro SANTA CLARA, Calif., May 5, 2021 /PRNewswire/ -- Agora, Inc.
- 05/05/2021
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Why Bandwidth Stock Fell 20% in March
- The market soured on the communication stocks that helped enable remote work in 2020.
- 04/07/2021
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Agora Debuts Program to Help Startups Accelerate Time-to-Market and Create Engaging Experiences for Customers
- Startup Program to provide founders from across the globe with exclusive support and access to select accelerators, incubators and venture capital firms SANTA CLARA, Calif., March 25, 2021 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today announced the debut of the Agora Startup Program to empower global entrepreneurs and startup founders with exclusive backend support for real-time engagement (RTE) and direct access to benefits like top accelerators, incubators and venture capital firms.
- 03/25/2021
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Tuya IPO: A Global Leadership In The Rapidly Growing IoT PaaS Sector
- Tuya IPO: A Global Leadership In The Rapidly Growing IoT PaaS Sector
- 03/14/2021
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Agora: Exciting New Use Cases, Conservative FY2021 Guidance Tempers Expectation
- Agora: Exciting New Use Cases, Conservative FY2021 Guidance Tempers Expectation
- 02/24/2021
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Agora, Inc. (API) CEO Tony Zhao on Full Year 2020 Results - Earnings Call Transcript
- Agora, Inc. (API) CEO Tony Zhao on Full Year 2020 Results - Earnings Call Transcript
- 02/24/2021
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Why Agora Stock Took a Hit on Tuesday
- What spooked investors on Tuesday?
- 02/23/2021
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Agora, Inc. Reports Fourth Quarter and Fiscal Year 2020 Financial Results
- SANTA CLARA, Calif., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the fourth quarter and the fiscal year ended December 31, 2020.
- 02/22/2021
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Agora, Inc. to Report Fourth Quarter and Fiscal Year 2020 Financial Results on February 22, 2021
- SANTA CLARA, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, announced today that it will release financial results for the fourth quarter and fiscal year ended December 31, 2020 after the close of U.S. markets on February 22, 2021. Agora will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 02/08/2021
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Agora - Clubhouse Is Just One Of The Possibilities
- Clubhouse, a live audio social media platform, was created using Agora's toolkit in a week. Its membership has exploded to over 6 million and is currently ranked top by the number of downloads in developing countries.
- 02/04/2021
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Final Trades: Qualcomm, Facebook, Workhorse & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 02/01/2021
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API Stock Price Increases Over 25%: Why It Happened
- The stock price of Agora Inc (NASDAQ: API) has increased by over 25% today. This is why it happened.
- 02/01/2021
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Why Agora Stock Popped Today
- The Chinese tech company raised $250 million through a private placement.
- 02/01/2021
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Shares of audio technology company Agora soar as investors try to jump on Clubhouse app's growth
- Investors could be playing up the app's popularity by buying shares in Agora, which may have powered the app, and Clubhouse Media Group, which has a similar name.
- 02/01/2021
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Agora Announces Private Placement Financing of US$250 Million
- SANTA CLARA, Calif., Feb. 01, 2021 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora” or the “Company”), a pioneer and leading platform for real-time engagement APIs, today announced that an accredited investor had agreed to purchase through a private placement a total of US$250 million of newly issued Class A ordinary shares of the Company, representing approximately 4.5% of the Company's total outstanding shares. The private placement is expected to be closed in February 2021, subject to the satisfaction or waiver of customary closing conditions.
- 02/01/2021
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Agora to Acquire Easemob, a Leading Instant Messaging API Provider
- SANTA CLARA, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora” or the “Company”), a pioneer and leading platform for real-time engagement APIs, today announced that it has entered into a definitive agreement to acquire Easemob, a leading provider of instant messaging APIs and customer engagement cloud services in China, in an all-cash transaction.
- 01/27/2021
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Agora Powers Innovative Virtual Experiences Beyond Video Conferencing
- Agora exits Q3 with explosive customer growth and a continued dedication to being the go-to, developer-friendly RTE solution on the market SANTA CLARA, Calif., Nov. 25, 2020 /PRNewswire/ -- Agora, Inc. (NASDAQ: API), a pioneer and leading platform for real-time engagement APIs, today...
- 11/25/2020
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Why Agora Stock Plunged Today
- The engagement platform reports third-quarter earnings results.
- 11/17/2020
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Agora, Inc. Reports Third Quarter 2020 Financial Results
- SANTA CLARA, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the third quarter ended September 30, 2020.
- 11/16/2020
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Agora: A Play On The Democratization Of Real-Time Engagement
- Agora is a hyper-growth business that offers APIs and SDKs that enable developers to build high-quality real-time engagement into their apps. The company's proprietary "SD-RTN" is a software layer over public internet networks that enables video and content distribution at a significantly better quality/reliability/latency than incumbents.
- 11/16/2020
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Agora: An Undiscovered Unicorn
- Agora is a small company in a big industry with a long runway for growth. Agora is very capital efficient. The management team only raised $170M to build a $4B+ company.
- 11/05/2020
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Agora, Inc. to Report Third Quarter 2020 Financial Results on November 16, 2020
- SANTA CLARA, Calif., Nov. 01, 2020 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and global leader in real-time engagement APIs, announced today that it will release financial results for the third quarter ended September 30, 2020 after the close of U.S. markets on November 16, 2020. Agora will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8:00 p.m. Eastern Time on the same day. Details for the conference call are as follows:
- 11/01/2020
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Why Agora (API) Stock is a Compelling Investment Case
- Tao Value recently released its Q3 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 7.08% for the quarter, underperforming its benchmark, the MSCI All Country World Index (ACWI) which returned 8.41% in the same quarter. You should check out Tao Value's top 5 stock picks for investors to buy right now, which could be the biggest winners of this year.
- 10/29/2020
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Project Management Institute Lança Produtos Iniciais no Primeiro Conjunto de Recursos Independentes de Plataforma do Setor para Acelerar a Adoção do Desenvolvimento Cidadão em Escala
- O Project Management Institute (PMI), associação com liderança mundial para a profissão de gestão de projetos, lançou hoje os primeiros recursos educa
- 10/21/2020
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Agora Services and Sionic Mobile Join Forces to Bring Most Advanced Rewards Program to Community Banks and Credit Unions
- Agora Services, the challenger bank technology platform for community banks and credit unions, has partnered with Sionic Mobile, a leading provider of
- 10/14/2020
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Agora: An Excellent Buy Opportunity In The CPaaS Industry (NASDAQ:API)
- Agora is on its way to becoming a leading player in the real-time video engagement business. The company has reported solid performance in the second quarter.
- 10/13/2020
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Zoom's Blank Check: What To Do When You Have An Expensive Stock And No Moats
- Many, yours truly included, worry that Zoom has no moat. But I’m coming around on Zoom’s long-term prospects, if it makes the right moves in the coming months, because I think it may have stumbled into a truly brilliant strategy.
- 09/14/2020
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Tracking Ole Andreas Halvorsen's Viking Global Portfolio - Q2 2020 Update
- Halvorsen's 13F portfolio value increased from $19.21B to $23.14B. The number of positions increased from 64 to 71.
- 09/11/2020
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Tracking Chase Coleman's Tiger Global Portfolio - Q2 2020 Update
- Chase Coleman’s 13F portfolio value increased from $16.61B to $25.79B this quarter. Tiger Global added CrowdStrike Holdings and increased Salesforce.com during the quarter.
- 09/10/2020
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Momo: Tantan's Love Story Is Alive, But The Live Stream Business Hits A Roadblock
- Q2'2020 was a testing quarter for investors. Momo reported mediocre performance, continued its decline in revenue, profitability, and Q3 will be even worse.
- 09/04/2020
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Agora: Very Fast Growth Video Platform, Still Cheap
- Agora's H2 2020 is likely to grow at 50% to 65% revenue growth rates. Although the stock trades at 42x forward sales, Agora is already generating free cash flow.
- 09/02/2020
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Agora Can Challenge Twilio
- The market is moving towards embedded video functionality, and Agora's tech is future-ready, with adoption rates gaining pace.
- 09/02/2020
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Agora: Pioneering Real-Time Video Communication, Forget The High Multiple, It Doesn't Matter
- Agora.io has the first-mover advantage in Real-Time Video Communication Platform-as-a-Service; its solution allows users to have an immersive virtual interaction with anyone, anywhere, in any app.
- 09/01/2020
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Tencent's Dreams, Part II: Investing In The Metaverse
- In Part I, we covered Tencent’s history, its current businesses, and its massive portfolio of investments.
- 08/30/2020
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Agora, Inc. (API) CEO Tony Zhao on Q2 2020 Results - Earnings Call Transcript
- Agora, Inc. (NASDAQ:API) Q2 2020 Earnings Conference Call Aug 17, 2020, 09:00 PM ET Company Participants Fionna Chen - Director, IR Tony Zhao - Founder, Chairman & CEO Jingbo Wang - CFO Conference Call Participants Emerson Chan - Bank of America Yang Liu - Morgan Stanley Richard Valera - Needham Presentation Operator Ladies and gentlemen, thank you for standing by.
- 08/18/2020
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Agora, Inc. Reports Second Quarter 2020 Financial Results
- SANTA CLARA, Calif., Aug. 17, 2020 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, today announced its financial results for the second quarter ended June 30, 2020. “We delivered strong results in our first quarter as a public company, with total revenues up 128% year-over-year. Our efficient and scalable business model focused on developers also contributed to positive GAAP profitability and free cash flow in the quarter,” said Tony Zhao, founder, chairman and CEO of Agora. “Developers around the world continue to use Agora’s real-time engagement APIs to build immersive experiences for their end users and enable meaningful human connections. The successful completion of our IPO in June will provide additional brand visibility and capital to drive our growth as we strive to fulfill our mission of making real-time engagement ubiquitous.”Second Quarter 2020 Highlights * Total revenues for the quarter were $33.9 million, an increase of 127.5% from $14.9 million in the second quarter of 2019. * Active Customers as of June 30, 2020 were 1,486, an increase of 85.5% from 801 as of June 30, 2019. * Constant Currency Dollar-Based Net Expansion Rate was 183.2% for the trailing 12-month period ended June 30, 2020. * Net income for the quarter was $3.0 million, compared to net loss of $2.0 million in the second quarter of 2019. After excluding share-based compensation expense, non-GAAP net income for the quarter was $4.7 million, compared to the non-GAAP net loss of $0.3 million in the second quarter of 2019. Adjusted EBITDA for the quarter was $5.7 million, compared to $0.1 million in the second quarter of 2019. * Cash and cash equivalents as of June 30, 2020 was $640.9 million, including $485.6 million in net proceeds from the IPO and the concurrent private placement, after deducting underwriting discounts and commissions and other offering expenses payable by Agora. * Net cash generated from operating activities for the quarter was $7.5 million, compared to net cash used in operating activities of $4.9 million in the second quarter of 2019. Free cash flow for the quarter was positive $3.6 million, compared to negative $6.6 million in the second quarter of 2019.Second Quarter 2020 Financial ResultsRevenues Total revenues were $33.9 million in the second quarter of 2020, an increase of 127.5% from $14.9 million in the same period last year, primarily due to increased usage of our video and voice products as result of our business expansion.Cost of Revenues Cost of revenues was $11.4 million in the second quarter of 2020, an increase of 148.2% from $4.6 million in the same period last year, primarily due to increase in bandwidth and co-location costs as we continued to scale our business.Gross Profit and Gross Margin Gross profit was $22.5 million in the second quarter of 2020, an increase of 118.3% from $10.3 million in the same period last year. Gross margin was 66.4% in the second quarter of 2020, a decrease of 2.8% from 69.2% in the same period last year, primarily due to international expansion to regions with higher infrastructure costs.Operating Expenses Operating expenses were $20.2 million in the second quarter of 2020, an increase of 64.3% from $12.3 million in the same period last year. * Research and development expenses were $10.9 million in the second quarter of 2020, an increase of 91.3% from $5.7 million in the same period last year, primarily due to increased personnel costs as we continue to build our research and development team. * Sales and marketing expenses were $5.9 million in the second quarter of 2020, an increase of 16.7% from $5.1 million in the same period last year, primarily due to increased personnel costs as we continue to build our team and advertising expenses. * General and administrative expenses were $3.4 million in the second quarter of 2020, an increase of 121.2% from $1.5 million in the same period last year, primarily due to increased personnel costs as we continue to build our team and professional services expenses.Other Operating Income Other operating income was $770 thousand in the second quarter of 2020, compared to $14 thousand in the same period last year, primarily due to additional value added tax deductions and income tax refund.Income/(Loss) from Operations Income from operations was $3.1 million in the second quarter of 2020, compared to loss from operations of $2.0 million in the same period last year.Interest Income Interest income was $120 thousand in the second quarter of 2020, an increase of 48.1% from $81 thousand in the same period last year, primarily due to an increase in the average balance of cash and cash equivalents.Income Taxes Income taxes were $0.2 million in the second quarter of 2020, an increase of 39.7% from $0.1 million in the same period last year, primarily due to increase in pre-tax income generated by our subsidiaries.Net Income/(Loss) Net income was $3.0 million in the second quarter of 2020, compared to net loss of $2.0 million in the same period last year.Net loss attributable to ordinary shareholders Net loss attributable to ordinary shareholders for the quarter was $157.8 million, compared to net loss attributable to ordinary shareholders of $13.0 million in the same period last year, primarily due to accretion of preferred shares to redemption value.Net loss per American Depositary Share Net loss per American Depositary Share (“ADS”)1 was $4.60, compared to net loss of $0.45 per ADS in the same period last year.Financial OutlookBased on currently available information, Agora expects total revenues for the full fiscal year ending December 31, 2020 to be between $125 million and $130 million. This forecast reflects the Company’s current and preliminary views on the market and operational conditions, and the outlook ranges for full year 2020 reflect a number of assumptions that are subject to change based on uncertainties related to the impact of the COVID-19 pandemic.Earnings CallAgora will host a conference call to discuss its financial results and outlook at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 2Q 2020 Financial Results Conference ID: 3363465 Direct Event online registration: http://apac.directeventreg.com/registration/event/3363465 Please register in advance of the conference using the link provided above. Upon registering, you will be provided with participant dial-in numbers, a Direct Event passcode and a unique registrant ID. Please visit Agora’s investor relations website at https://investor.agora.io/investor-relations on August 17, 2020 to view the earnings release and accompanying slides prior to the conference call. A digital recording of the conference call will be available for replay approximately two hours after the call’s completion (dial-in number: US 18554525696, International +61 2 81990299; same conference ID as shown above) and remain up for approximately one week.Use of Non-GAAP Financial MeasuresAgora has provided in this press release financial information that has not been prepared in accordance with generally accepted accounting principles in the United States (GAAP). Agora uses these non-GAAP financial measures internally in analyzing its financial results and believes that use of these non-GAAP financial measures is useful to investors as an additional tool to evaluate ongoing operating results and trends and in comparing Agora’s financial results with other companies in its industry, many of which present similar non-GAAP financial measures. Besides free cash flow (as defined below), each of these non-GAAP financial measures represents the corresponding GAAP financial measure before share-based compensation expenses. We believe that such non-GAAP financial measures help identify underlying trends in our business that could otherwise be distorted by the effect of such share-based compensation expenses that we include in cost of revenues, total operating expenses and net income (loss). We believe that all such non-GAAP financial measures also provide useful information about our operating results, enhance the overall understanding of our past performance and future prospects and allow for greater visibility with respect to key metrics used by our management in its financial and operational decision-making.Non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures and should be read only in conjunction with Agora’s consolidated financial statements prepared in accordance with GAAP. A reconciliation of Agora’s historical non-GAAP financial measures to the most directly comparable GAAP measures has been provided in the tables captioned “Reconciliation of GAAP to Non-GAAP Measures” included at the end of this press release, and investors are encouraged to review the reconciliation.Definitions of Agora’s non-GAAP financial measures included in this press release are presented below.Non-GAAP Net Income (Loss)Agora defines non-GAAP net income (loss) as net income (loss) adjusted to exclude share-based compensation expense.Adjusted EBITDAAgora defines Adjusted EBITDA as net income (loss) before exchange gain (loss), interest income, income taxes, depreciation and amortization, and adjusted to exclude the effects of share-based compensation expense.Free Cash FlowAgora defines free cash flow as net cash provided by operating activities less purchases of property and equipment. Agora considers free cash flow to be a liquidity measure that provides useful information to management and investors regarding net cash provided by operating activities and cash used for investments in property and equipment required to maintain and grow the business.
- 08/17/2020
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Agora, Inc. to Report Second Quarter 2020 Financial Results on August 17, 2020
- SANTA CLARA, Calif., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (“Agora”), a pioneer and leading platform for real-time engagement APIs, announced today that it will release its unaudited financial results for the second quarter ended June 30, 2020 after the close of U.S. markets on Monday, August 17, 2020. Agora will host a conference call to discuss its financial results and outlook at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 2Q 2020 Financial Results Conference ID: 3363465 Direct Event online registration: http://apac.directeventreg.com/registration/event/3363465 Please register in advance of the conference using the link provided above. Upon registering, you will be provided with participant dial-in numbers, a Direct Event passcode and a unique registrant ID.Please visit Agora’s investor relations website at https://investor.agora.io/investor-relations on August 17, 2020 to view the earnings release and accompanying slides prior to the conference call.A digital recording of the conference call will be available for replay approximately two hours after the call’s completion (dial-in number: US 18554525696, International +61 2 81990299; same conference ID as shown above) and remain up for approximately one week.About Agora Agora’s mission is to make real-time engagement ubiquitous, allowing everyone to interact with anyone, in any application, anytime and anywhere. Agora’s platform provides developers simple, flexible and powerful application programming interfaces, or APIs, to embed real-time video and voice engagement experiences into their applications. CONTACT: Investor Contact: Fionna Chen investor@agora.io Media Contact: Suzanne Nguyen press@agora.io
- 08/06/2020
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Agora Services to Offer Fully White Label Teen & SMB Digital Banking Solutions for Community Financial Institutions
- Agora Services, the challenger bank technology platform for financial institutions, plans to tackle two challenges faced by community banks and credit
- 08/06/2020
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Tech IPOs brush aside election concerns and power through coronavirus as investors seek growth
- The pandemic shows no signs of letting up and the U.S. economy is in free-fall, but investors are still hungry for tech companies to hit the market.
- 08/05/2020
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Canadian Fintech Pascal Financial Partners Agora Dealer Services to Develop Wealthtech Solution for Mutual Fund Dealers, Advisors
- Canadian Fintech Pascal Financial partners Agora Dealer Services to develop Wealthtech solution for mutual fund dealers, advisors.
- 07/31/2020
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Jamf IPO: Apple Device Software Provider Expected To Open Higher
- The IPO window reopened after bear market rallied into April and May with a robust nature not seen since perhaps the dotcom boom days.
- 07/22/2020
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ClearBridge Select Strategy Portfolio Manager Commentary Q2 2020
- ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers.
- 07/20/2020
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U.S. IPO Week Ahead: Software Provider Jamf Takes The Spotlight In A Diverse 4-IPO Week
- Four IPOs and one SPAC plan to raise $663 million in the week ahead, led by Jamf Holding. The IPO market is on a hot streak, and the IPO pipeline is filling up as filing activity remains high.
- 07/18/2020
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Stocks To Watch: Vaccine Players, Earnings Blitz And Fiscal Debate
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/18/2020
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Agora shares soar 145% on IPO debut
- Agora Inc. shares are up 145% Friday to $49.19 on their Wall Street debut, the morning after it priced its initial public offering above the expected range. The video-interaction software company, with headquarters in Shanghai and Santa Clara, Calif., raised $350 million on the sale of 17.5 million American Depositary Receipts at $20 per ADS, compared with expectations that the IPO would price between $16 and $18. "Our service is quite relevant in this work-from-home climate, and the feedback to our public debut today is good," Agora Chief Executive Tony Zhao told MarketWatch in a phone interview Friday. "But our focus is always focused on building a good company. We can't do anything about things like legislation or other factors that might affect us," he added, acknowledging federal legislation that could impact companies with major operations in China. Agora reported a net loss of $36.9 million on total revenue of $35.6 million during the three months ended March 31, compared with a loss of $13.1 million on revenue of $13.4 million in the same period a year ago. When losses related to preferred share costs are removed, Agora's losses were $2.5 million in Q1 2019 and $3.4 million in Q1 2020.
- 07/01/2020
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Agora Announces Closing of Initial Public Offering and Full Exercise of the Underwriters' Overallotment Option
- Agora, Inc. ("Agora"), a real-time engagement API provider, today announced the closing of its initial public offering of 20,125,000 American depositary shares ("ADSs"), each representing four Class A ordinary shares of Agora, at a price to the public of $20.00 per ADS. The number of ADSs issued at closing included the exercise in full of the underwriters' option to purchase 2,625,000 additional ADSs to cover overallotments. The ADSs began trading on the Nasdaq Global Select Market on June 26, 2020 under the ticker symbol "API."
- 06/30/2020
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U.S. IPO Weekly Recap: Agora Pops 153% While Albertsons Falls Flat In A 6 IPO Week
- Six IPOs raised a combined $1.7 billion this past week. API platform Agora skyrocketed 153% in the best first day pop since 2019 IPO Beyond Meat. Albertsons fin
- 06/27/2020
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Albertsons Falters in Debut After $800 Million IPO Letdown
- (Bloomberg) -- Albertsons Cos. emerged from 14 years of private ownership by Cerberus Capital Management with a whimper Friday, as its shares sagged after a shrunken initial public offering.The stock opened in New York at $15.50 each having priced at $16, below the targeted price range of $18 to $20. Private equity firm Cerberus and other backers of the supermarket chain sold just 50 million shares to raise $800 million, having earlier offered 65.8 million shares to potential investors.The shares never rose more than 3.1% Friday and closed down 3.4% to $15.45 in New York, giving Albertsons a market value of about $7.4 billion.While the coronavirus pandemic has boosted the grocer’s business, the company had total debt of $8.7 billion as of its last fiscal year, according to its filings. That makes it more levered than U.S. supermarket rivals Sprouts Farmers Market Inc. and Grocery Outlet Holding Corp., according to data compiled by Bloomberg. It’s also behind rivals like Walmart Inc. and Kroger Co. in rolling out popular services like free curbside pickup of online orders.Chief Executive Officer Vivek Sankaran, a former PepsiCo Inc. executive who took the top job last year, said in an interview the company has gained market share in recent months thanks to a “significant increase” in new shoppers, both in-store and online, as Americans shifted to consume more food at home. He said the company will invest more to accelerate its e-commerce business, which grew 278% in the first 12 weeks of its fiscal year. Albertsons’ own private-label food brands, four of which generate more than $1 billion in sales, are another opportunity for growth, he said.Albertsons’ public debut came after a failed attempt five years ago. In 2015, the company filed for a listing to raise as much as $1.7 billion before postponing and eventually withdrawing that plan. A multibillion-dollar merger with Rite Aid Corp. was scrapped in 2018 after opposition to the deal ahead of a shareholder vote, leaving Cerberus again searching for an exit.The IPO was the first in the U.S. to price below its marketed range since GFL Environmental Inc.’s $1.4 billion offering on March 3.Grocery, SoftwareAlbertsons’ disappointing showing contrasted with the U.S. trading debut of communications software company Agora Inc., which priced its shares above its marketed range to raise $350 million on Thursday. Showing the continuing strength of technology listings, Agora shares rose as much as 179% from the offer price. The shares closed up 153% to $51.50 in New York trading, giving the company a market value of $4.1 billion.For the year ended Feb. 29, Albertsons earned $466 million on revenue of more than $62 billion, compared with a loss of $502 million on revenue of $59 billion in fiscal 2015, according to its filings.Albertsons’ business might have stabilized, but limited new store openings could make it difficult to keep growing revenue, and put rivals at an advantage, Bloomberg Intelligence’s senior analyst Jennifer Bartashus wrote in a report. It may also be difficult for Albertsons to gain market share as it trails key peers in e-commerce, Bartashus said.Analysts at Jefferies predicted in March, as the Covid-19 pandemic kept people away from restaurants, that “frenzied food-at-home buying” could add $90 billion in revenue to the packaged food industry over three months. But many shoppers have been choosing online deliveries over trying to stay socially distant in the supermarket aisles. Instacart Inc.’s valuation, for example, hit $13.7 billion in a funding round after the popularity of the grocery delivery service exploded, up from the the $7.9 billion value it fetched in 2018.Cerberus StakeNew York-based Cerberus first invested in Albertsons in 2006 in a $17.4 billion acquisition alongside CS Corp. and Supervalu Inc., neither of which remain investors. Based on a larger IPO planned earlier, Cerberus’s stake was to be trimmed to 31% from 37% after the listing. Boise, Idaho-based Albertsons won’t receive any proceeds in this week’s share sale.Apollo Global Management Inc. put in $1.75 billion in Albertsons in May through a preferred stock offering, equal to a 17.5% stake in the grocer after the conversion.U.S. IPOs have snapped back in June after equity market volatility killed off deals in March and April. A total of $13.2 billion was raised from 31 listings this month alone, including a $2.5 billion offering from Royalty Pharma Plc and Warner Music Group Corp.’s $1.9 billion deal, according to data compiled by Bloomberg. June is set to be the fifth busiest month for U.S. IPO in the past decade including Albertsons’ listing, the data show.The grocer’s listing was led by Bank of America Corp., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Citigroup Inc. The company’s shares trade on the New York Stock Exchange under the symbol ACI.(Updates with closing share price in third paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- 06/26/2020
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Agora Announces Pricing of Initial Public Offering
- Agora, Inc. ("Agora"), a real-time engagement API provider, today announced the pricing of its initial public offering of 17,500,000 American depositary shares ("ADSs"), each representing four Class A ordinary shares of Agora, at a price to the public of $20.00 per ADS. Agora has granted the underwriters a 30-day option to purchase up to an additional 2,625,000 ADSs to cover overallotments. The ADSs are expected to begin trading on the Nasdaq Global Select Market on June 26, 2020 under the ticker symbol "API." The offering is expected to close on June 30, 2020, subject to customary closing conditions.
- 06/26/2020
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Agora Announces Launch of Initial Public Offering
- Agora Announces Launch of Initial Public Offering
- 06/21/2020
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IPO Update: Agora Proposes Terms For U.S. IPO
- Agora has filed to raise $298 million in a U.S. IPO, plus another $110 million in a concurrent private placement. The firm provides voice and video APIs to ente
- 06/21/2020
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U.S. IPO Week Ahead: Albertsons' Billion-Dollar IPO Finally Hits The Shelves
- Two IPOs and one SPAC are expected to raise $1.4 billion in the week ahead, led by grocery giant Albertsons. Several companies could join the IPO calendar early
- 06/20/2020
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Real Time Engagement API Provider Agora Announces Filing for IPO under the ticker symbol "API"
- Agora, Inc. today announced that it has filed a registration statement on Form F-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its Class A common stock.
- 06/08/2020
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Real Time Engagement API Provider Agora Announces Filing for IPO under the ticker symbol "API"
- SANTA CLARA, Calif. , June 5, 2020 /CNW/ -- Agora, Inc. today announced that it has filed a registration statement on Form F-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its Class A common stock. Per the F-1 filing, Agora maintains dual headquarters in Shanghai, China and Santa Clara, California , as well as presence in other countries. Agora has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol "API".
- 06/06/2020
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How Many Appia Energy Corp. (CSE:API) Shares Did Insiders Buy, In The Last Year?
- We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
- 04/16/2020
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Should Appia Energy (CNSX:API) Be Disappointed With Their 44% Profit?
- Appia Energy Corp. (CNSX:API) shareholders might be concerned after seeing the share price drop 16% in the last...
- 07/31/2019
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Winning Bounce/Lag Momentum Stocks For Week 7 Of 2019 (2/11-2/15)
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Can Oil Prices Fall Below $50 Per Barrel?
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Crude Oil - Short-Term Bullish Factors Keep Market Moving Higher
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Crude Oil - Prices May Run Higher Near Term But Fundamentals Won't Support
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Appia Appoints Director of Saskatchewan Operations
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Still Avoid Europe Despite Contrarian Temptations
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Stocks Fall Slightly Early After Strong U.S. Data Rallied Market Tuesday
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ANI Pharma Reports Q2 Adj EPS $0.55 Vs Est $0.54, Sales $19.5M Vs Est $20.30M
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Advanced Photonix CFO resigning; shares -4.9%
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Advanced Photonix's (API) CEO Richard Kurtz on Q3 2015 Results - Earnings Call Transcript
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Advanced Photonix Reports Q3 EPS of $(0.03) vs $(0.01) Est; Revenue of $5.80M vs $6.54M Est
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Advanced Photonix reports FQ3 earnings
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API and Luna Announce Merger, API Holders Will Receive ~3.2 Luna Shares
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API soars on merger with Luna
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Advanced Photonix Awarded $1.4M Contract
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Advanced Photonix, Inc. Reports Q2 EPS of $0.00 vs $(0.01) Est; Revenue of $7.80M vs $7.70M Est
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Advanced Photonix Awarded $1.6M Contract
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8-K from Advanced Photonix Shows Shareholders Have Rejected Advisory Vote on Exec Pay, Employee Equity Incentive Plan
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Advanced Photonix, Inc. Reports Q2 EPS of $0.00 vs $(0.01) Est; Revenue of $7.66M vs $7.52M Est
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Advanced Photonix Reports Q4 Non-GAAP Loss of $0.03/Share
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Advanced Photonix, Inc. Reports Q4 GAAP EPS of $(0.04), Non-GAAP EPS of $(0.03) vs $(0.01) Est; Revenue of $7.0M vs $7.04M Est
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Earnings Scheduled For June 30, 2014
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B Riley Upgrades Advanced Photonix, Inc. to Buy, Raises PT to $0.80
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Advanced Photonix Prices 5.39M Shares at $0.53/Share for Proceeds $2.5M
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Advanced Photonix Announces $700k Order
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Advanced Photonix Files $4M Mixed Securities Shelf
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B. Riley & Co. Downgrades Advanced Photonix, Inc. to Neutral
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Advanced Photonix, Inc. Reports Q1 EPS of $(0.02) vs $0.00 Est; Revenue of $7.45M vs $8.46M Est
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Advanced Photonix Announces 100G Design Deal In China worth $500K to $2M
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Atmel Corporation (ATML) Jumps: Stock Rises 5.3% - Tale of the Tape
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Amphenol Scales New 52-Week High - Analyst Blog
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Lattice Starts Shipping MachXO3 FPGAs - Analyst Blog
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Avago Technologies (AVGO) in Focus: Stock Moves 6.9% Higher - Tale of the Tape
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Broadcom Revises Q4 Guidance - Analyst Blog
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OmniVision Beats on Q2 Earnings - Analyst Blog
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B. Riley & Co. Upgrades Advanced Photonix, Inc. to Buy, Raises PT to $1.20
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Advanced Photonix, Inc. Reports Q1 EPS of $(0.01) vs $(0.02) Est; Revenue of $7.10M vs $7.28M Est
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Advanced Photonix, Inc. Reports Q4 EPS of $(0.02) vs $(0.03) Est; Revenue of $6.0M vs $5.94M Est
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Advanced Photonix Awarded $1.56M Contract for Navy Missile Program
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Benzinga's Small Cap Movers for Monday March 4, 2013
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Benzinga's Small Cap Movers for Monday February 11, 2013
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Advanced Photonix Reports Q2 EPS $-0.03 vs $-0.02 Est
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Zacks #5 Rank Additions for Wednesday - Tale of the Tape
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Zacks #5 Rank Additions for Thursday - Tale of the Tape
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Top Performing Dividend Payers in Tech with the Most Upside Potential (ATNI, LDR, LOGI)
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Advanced Photonix Announces Sale of Two Development Systems and Strategic Relationship with Appleton Papers
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Advanced Photonix Reports Q1 EPS $-0.02 vs $-0.02 Est
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Earnings Scheduled For August 13, 2012
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Maxwell Beats EPS, Meets Revenue - Analyst Blog
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Advanced Photonix Announces New Orders from Thermo Fisher Scientific
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Advanced Photonix Receives Contract for THz Paint Thickness Measuring System
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Advanced Photonix Receives $1.5M in Terahertz Funding
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Maxwell EPS In Line, Misses Revenue - Analyst Blog
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Domestic Oil Production Is Bullish for Americans: Evan Calio
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Advanced Photonix Signs Value Added Reseller Agreement with ACT
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Weekly CFO Buys Highlight: API, VRX, CLGX, AGYS, OMG
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Weekly CFO Buys Highlight: CYTR, API, CLGX, PLBC, ARTC
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Advanced Photonix Inc (API) CFO Jeffrey J Anderson buys 20,224 Shares
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ITT Announces Global Supply Agreeement with Shell Global Solutions
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Maxwell Beats on Both Counts - Analyst Blog
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Earnings Scheduled For February 13
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End of the shale gas boom
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Microcap Movers for Friday December 2 , 2011
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Earnings Scheduled For November 14
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Advanced Photonix Announces Terahertz Development Contract
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Is there too Much Negative Sentiment for KV-A Share Prices to Benefit From FDA Investigation?
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Advanced Photonix Announces Hiring of Jeffrey Anderson as Chief Financial Officer
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Earnings Scheduled For August 15
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Advanced Photonix Announces Phase III T-Ray 4000 System Sale
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Advanced Photonix Beats on Top and Bottom Line
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The Bin Laden Effect on the Oil and Gasoline Market (Guest Post)
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Positive Rumors About Advanced Photonix Circulate (API)
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Advanced Photonix Announces Sale of Computer Tomography System Option
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Advanced Photonix, Inc. Announces Promotion of Rob Risser to COO
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
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Zacks #1 Rank Additions for Monday - Tale of the Tape
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
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Ceradyne (CRDN) Jumps by More Than 18% - Zacks #1 Rank Top Performers
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Zacks #1 Rank Additions for Wednesday - Tale of the Tape
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Advanced Photonix States That Its Policy Is Not to Comment on Unusual Market Activity
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Advanced Photonix, Inc. Reports Q3 EPS of $0.01 vs. $(0.03)
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Perrigo to Acquire Paddock's Assets - Analyst Blog
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6 Electronics Penny Stocks With Upside
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Advanced Photonix Announces $4 Million Underwriting
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5 Stocks with Blizzard Like Insider Purchases
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Oil and natural gas daily review (November 24, 2010)
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Advanced Photonix, Inc. Receives $5.3M Order
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Advanced Photonix, Inc. Reports Second Quarter 2011 EPS of $.01
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Teva Beats on Earnings - Analyst Blog
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Oil and natural gas daily review (November 03, 2010)
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API: Rising Demand for Petroleum Indicates a Shift from Economic Stagnation to Economic Recovery
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Is There Such a Thing as Having Too Much Gasoline?
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FOREX, COMMODITIES & STOCKS OUTLOOK 11th August 2010
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Teva Q2 Earnings Tops - Analyst Blog
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Zacks Analyst Blog Highlights: Goldman Sachs Group Inc., Credit Suisse Group, Morgan Stanley, Teva Pharmaceutical Industries and Mylan - Press Releases
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4-5-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
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Perrigo Co. - Growth And Income - Zacks Rank Buy
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IDC Releases New Product - Analyst Blog
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Nokia (NOK) Introduces New Breed of Applications for Web and Smartphone Platforms
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Petrobank Records Second Quarter Net Income of $34.7 Million
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Tektronix Showcases New and Enhanced Products at IBC 2009
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Houlihan Lokey Investment Bank Taps Venice Consulting Group for Development of New Worldwide Corporate Site
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