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zSpace reports Q1 net loss ($5.8M) vs. ($12.2M) last year

Reports Q1 revenue $6.76M, consensus $5.03M. The company said: “Despite a revenue decline in Q1, we are encouraged by the continued growth in our higher margin software and services business, which increased 11% year-over-year. This is a critical part of our strategy as we scale our platform with recurring revenue streams.”

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