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Raspberry Pi profits higher than expected
Raspberry Pi boosted by higher than expected profits
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
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 profits higher than expected after stock market float
The tech firm told shareholders that revenues jumped by 61% to 144 million US dollars (£107.9 million) over the six months to June.
12h
Computer Maker Raspberry Pi Sees ‘Robust Demand’ For First AI Product
Although the company's AI hardware only came to market three months ago, Raspberry Pi’s CEO Eben Upton said, “We’ve seen very ...
16h
Raspberry Pi Reports First Earnings
The newly public Raspberry Pi Holdings reported its first financial results, easily beating expectations and delighting ...
Electronic Design
13d
Raspberry Pi 5 Taps into AI with a New Add-On Kit
The Raspberry Pi Foundation is just one of the institutions that’s taken advantage of AI for increased innovation with its ...
MoneyWeek
19h
Raspberry Pi's shares jump 8% after microcomputer maker's revenues surge
Shares in Raspberry Pi rose by as much as 8% on Tuesday after the British microcomputer maker said revenues were up by almost ...
22h
Raspberry Pi’s Free AI Course for Educators : Empowering Teachers with AI
The Raspberry Pi Foundation, in collaboration with Google DeepMind, has launched an invaluable free online course titled ...
23h
FTSE 100 Live 24 September: China stimulus move boosts Asia markets, Smiths Group and Raspberry Pi results
Card Factory’s half-year adjusted profits have fallen 34.4% to £14.5 million, reflecting substantial increases in the ...
Business Times
16h
Raspberry Pi rally bucks trend of London IPO disappointments
RASPBERRY Pi shares rallied after reporting a jump in sales, cementing the personal-computer (PC) maker’s status as the only ...
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