Appen Ltd. (AU:APX) has released an update.
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Appen Ltd. reports encouraging Q2 financial results with a 16% revenue increase excluding Google, signaling strength in generative AI projects. Despite the loss of the Google account, overall revenue reached $21.1 million in June, and the company has made significant progress toward its goal of cash EBITDA positivity in H2 2024, backed by a healthy cash balance of $34.7 million.
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