SAIHEAT Limited Reports Unaudited Financial Results for the Six Months Ended June 30, 2024
SAIHEAT Limited - Class A Ordinary Shares (SAIH)
Company Research
Source: GlobeNewswire
SINGAPORE, Nov. 13, 2024 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), today reported unaudited financial results for the six months ended June 30, 2024. Financial Highlights for the Six Months Ended June 30, 2024 Total revenues for the six months ended June 30, 2024, were US$ 3.2 million, having increased 6% compared to the six months ended June 30, 2023. Gross Margin for the six months ended June 30, 2024, was negative US$ 0.1 million, compared to gross profits of US$ 0.2 million for the six months ended June 30, 2023. Net losses for the six months ended June 30, 2024, was US$ 1.9 million compared to net losses of US$ 3.7 million for the six months ended June 30, 2023. Mr. Arthur Lee, Chairman and Chief Executive Officer of the Company, stated that, “Despite the reduction in block rewards from the April ‘halving event’, our total revenue have increased 6% compared to the six months ended J
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SAIH
News
- SAIHEAT Purchases $1.5 Million of BitcoinGlobeNewswire
- SAIHEAT Starts Accepting Payments in BitcoinGlobeNewswire
- SAIHEAT to Announce SAIHEAT BASE PLAN 2029 on BIT HEAT DAYGlobeNewswire
- SAIHEAT Announces Bitcoin (BTC) Operations and Holding UpdatesGlobeNewswire
- SAIHEAT Introduces HEATNUC: An Open-Source Small Modular Reactor (SMR) Solution for AI Computing CentersGlobeNewswire
SAIH
Sec Filings
- 11/13/24 - Form 6-K
- 10/28/24 - Form 6-K
- 10/16/24 - Form 6-K
- SAIH's page on the SEC website