Agora, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 21, 2023
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Agora, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 34.04 million compared to USD 40.98 million a year ago. Net loss was USD 45.29 million compared to USD 30.68 million a year ago.
For the six months, revenue was USD 70.48 million compared to USD 79.56 million a year ago. Net loss was USD 62.1 million compared to USD 57.62 million a year ago.
Agora Inc is a company engaged in providing real-time engagement services on video, voice and messaging. The Company operates a real-time engagement platform-as-a-service (RTE-PaaS) to provide the software and infrastructure required to enable real-time engagement. The Company's products include Real-Time Video, Real-Time Voice, Real-Time Messaging, Real-Time Recording and so on. The products and services are applied in social, gaming, retail, education and other areas. The Company operates its businesses in China, the United States and other countries in Asia Pacific region.