QYOU Media (TSE:QYOU) has released an update.
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QYOU Media Inc. has announced a remarkable first quarter for fiscal year 2024, achieving a record-breaking revenue of $8.2 million, which is a 17% increase year-over-year. The company also reported a substantial 36% improvement in adjusted EBITDA, alongside a 10% reduction in net losses. These positive financial developments are attributed to robust performance in the US market and early gains from its Indian gaming business.
For further insights into TSE:QYOU stock, check out TipRanks’ Stock Analysis page.
