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0.0171232876712328 -0.017123287671233 -0.0703424657534247 -0.0703424657534247 -0.0103082191780822 -0.0103082191780822 -0.017123287671233 -0.017123287671233
Stock impact report

Knightscope Reports FY 2024 Results

Knightscope, Inc. - Class A (KSCP) 
Company Research Source: Business Wire
Transformation Year Drives Key Milestones, Federal Wins, and Strengthened Financial Position MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Knightscope, Inc. (NASDAQ: KSCP), a leading developer of autonomous security robots and AI-powered technologies, today announced financial results for the fiscal year ended December 31, 2024. The Company also outlined operational milestones that strengthen its position for long-term, scalable growth across both commercial and federal sectors.Fiscal Year 2024 Financial HighlightsRevenue: $10.8 million vs. $12.8 million in 2023, impacted by ECD product line restructuring and facility consolidation.Service Revenue: Up 4% YoY to $7.5 million, driven by improved ASR uptime and expanded ECD maintenance contracts.Gross Loss: Increased to $(3.7) million from $(2.0) million, primarily due to third-party service costs and inventory write-downs.Operating Loss: $(29.7) million vs. $(26.3) million in 2023, reflecting deliberate investments in R&D, compliance, and Show less Read more
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