The company reported a gross profit of $34.2mn in the first six months of 2024, higher than internal forecasts and a 47 per cent increase on the same period in 2023. Revenue for the period was $144mn, up from $89.3mn last year. It kept its full-year outlook unchanged.

Stock market debutante Raspberry Pi said it was "more profitable than expected" in first half - Cambridge based firm raised £178.9 million through its London flotation in June, one of only a handful i

The tech firm told shareholders that revenues jumped by 61% to 144 million US dollars (£107.9 million) over the six months to June.

Budget computer firm Raspberry Pi has revealed that profits were stronger than expected in its first update since floating on the London stock market earlier this year. Shares in the company, whose computers are made in Wales, swung higher in early trading as a result.