Welcome to our dedicated page for Agora news (Ticker: API), a resource for investors and traders seeking the latest updates and insights on Agora stock.
Agora, Inc. provides real-time communication APIs powering voice, video, and AI-driven interactions across global applications. This page serves as the central hub for official company announcements, financial updates, and technology developments.
Investors and developers will find curated press releases detailing product launches, strategic partnerships, and quarterly earnings. Stay informed about innovations like Adaptive Video Optimization™ and enterprise solutions for telehealth, education, and live streaming markets.
Key updates include API enhancements, developer toolkit expansions, and recognition in industry benchmarks. Bookmark this page for reliable insights into Agora’s evolving role in shaping digital communication infrastructure.
Agora, Inc. (NASDAQ: API) will announce its financial results for Q3 2020 on November 16, 2020, after U.S. market close. A conference call is scheduled for 5 p.m. PT (8 p.m. ET) the same day. Investors can register online to participate. The company, known for its real-time engagement APIs, aims to facilitate seamless interactions across applications. More financial details and slides will be available on Agora's investor relations website prior to the call. Agora's dual headquarters are in Shanghai and Santa Clara.
Agora, Inc. (NASDAQ: API) has launched innovative tools including the Experience Level Agreement (XLA), Agora RTE App Builder, and Agora Extensions Marketplace to enhance Real-Time Engagement (RTE) technology integration for developers. Announced at the RTE2020 conference, these tools aim to improve user experience with guaranteed performance metrics such as channel join success rate and transmission latency. Furthermore, a customer survey reveals 37% support for platforms that ensure content quality. Agora emphasizes its commitment to developer support and easing RTE adoption.
Agora, Inc. (NASDAQ: API) has announced its free virtual conference, RTE2020, scheduled for October 13-14, 2020. The event will feature dynamic speakers focusing on real-time engagement opportunities for product teams. Highlighted sessions include 'What's Trending' on October 13 and 'Community Day' on October 14, aimed at enhancing skills and entrepreneurship. Agora partners with Virbela for an engaging virtual experience, including a metaverse afterparty. This initiative reflects Agora's mission to enhance real-time engagement through innovative platforms.
Agora, a Real-Time Engagement platform, is hosting the RTE2020 virtual conference on October 13-14, 2020, in collaboration with the event platform Run The World. This conference aims to unite global voices to discuss advancements in voice, video, and streaming technologies. Attendees can register for free and expect an immersive experience with features like virtual networking, interactive polling, and personalized group photos. Agora's COO emphasizes the urgency of RTE adoption and invites developers and entrepreneurs to innovate in this space.
Agora (NASDAQ: API) reported significant growth in its customer base, expanding by 85.5% year-over-year in Q2 2020. The surge in demand for real-time engagement (RTE) technology is attributed to the shift towards virtual interactions during the pandemic. Agora now serves clients in over 100 countries with more than 10,000 active applications. Notable partnerships emerged in various sectors, including education and gaming, showcasing Agora's ability to enhance user experiences through features like live streaming and interactive sessions.
Agora, Inc. (NASDAQ: API) reported substantial growth in its Q2 2020 financial results, with total revenues soaring 128% year-over-year to $33.9 million. The company achieved GAAP profitability and positive free cash flow of $3.6 million, marking a significant turnaround from a net loss of $2.0 million in Q2 2019. Active customers increased by 85.5%, reaching 1,486. However, net loss attributable to ordinary shareholders was $157.8 million. Agora expects total revenues for 2020 to range between $125 million and $130 million.
Agora, Inc. (NASDAQ: API) will release its unaudited financial results for Q2 2020 on August 17, 2020, after U.S. market close. A conference call will follow at 6 p.m. Pacific Time to discuss the results and future outlook. Investors can register in advance using the provided link for participant information. Further details will be available on Agora's investor relations website. Agora aims to enhance real-time engagement through its APIs, enabling seamless video and voice capabilities for developers globally.
Agora, Inc. announced the successful closing of its initial public offering (IPO) on June 30, 2020, issuing 20,125,000 American depositary shares (ADSs) at a public price of $20.00 per ADS. This figure includes the underwriters' full exercise of the option to purchase an additional 2,625,000 ADSs. The ADSs began trading on the Nasdaq under the ticker symbol API on June 26, 2020. Morgan Stanley and BofA Securities served as lead managers, with Needham & Company as a co-manager. The offering's registration statement was declared effective on June 25, 2020.
Agora, Inc. has priced its initial public offering (IPO) at $20.00 per American depositary share (ADS), representing four Class A ordinary shares. The offering includes 17,500,000 ADSs, with an underwriter option for an additional 2,625,000 ADSs. Trading on the Nasdaq under the ticker symbol API is set to commence on June 26, 2020, and the offering is expected to close on June 30, 2020, pending customary conditions. Morgan Stanley and BofA Securities are the lead managers for this offering.
Agora has announced its initial public offering (IPO) of 17.5 million American depositary shares (ADSs), representing four Class A ordinary shares each, with a price range of $16.00 to $18.00 per ADS. An additional 2.625 million ADSs may be offered to underwriters to cover overallotments. The company seeks to list its ADSs on the Nasdaq under the ticker symbol API. Morgan Stanley and BofA Securities are the lead bookrunning managers for the offering. The registration statement is pending effectiveness with the SEC.
