Although the company's AI hardware only came to market three months ago, Raspberry Pi’s CEO Eben Upton said, “We’ve seen very, very robust demand for this product.”

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

Raspberry Pi reports stronger-than-expected profits and a 61% sales increase in its first update since floating on the London Stock Exchange. The microcomputer maker's shares surged as it eyes further growth with new AI and cloud products.

The newly public Raspberry Pi Holdings reported its first financial results, easily beating expectations and delighting investors.

The budget computer maker, which went public on the London markets in June, revealed its adjusted earnings before nasties jumped by 55 per cent to $20.9million in the six months ending June.

Shares in the Cambridge-based computer business - which floated in June at 280p each to much fanfare - surged 6.6%, or 23p, to 371.2p..

Raspberry Pi has better than expected interim financial results for H1 2024, despite volumes being lower than expected.