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Stock impact report

Ispire Technology Inc. Reports Financial Results for Fiscal Second Quarter 2025

Ispire Technology Inc. (ISPR) 
Company Research Source: PR Newswire
Gross Profit Increased 23.5% from the Previous Year to $7.7 millionGross Margins Increased to 18.5%, up from 15.0% the Previous YearRevenue Increased 0.3% Year-Over-Year to $41.8 MillionLOS ANGELES, Feb. 10, 2025 /PRNewswire/ -- Ispire Technology Inc. (NASDAQ: ISPR) ("Ispire," the "Company," "we," "us," or "our"), an innovator in vaping technology and precision dosing, today reported results for the fiscal second quarter 2025, which ended on December 31, 2024.Fiscal Second Quarter 2025 Financial ResultsRevenue of $41.8 million, compared to $41.7 million for the fiscal second quarter of 2024.Gross profit of $7.7 million, an increase of 23.5% compared to $6.3 million in the fiscal second quarter of 2024.Gross margin of 18.5%, an increase of 23% compared to 15.0% second quarter of fiscal 2024.Total operating expenses of $15.1 million, an increase of 48.0% as compared to $10.2 million for second quarter of fiscal 2024.Net loss of ($8.0) million, compared to net loss of ($4.0) million in t Show less Read more
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