IPO Year: 2006
Exchange: NASDAQ
Revenues grew by 32.2% as real-time video communication solutions see wider adoption and penetrate new vertical marketsBEIJING, April 18, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a video-centric technology solution provider with core expertise in SaaS/PaaS solutions, today announced the unaudited financial results for the six months ended December 31, 2022 ("1HFY23"). Financial Highlights for the First Half of Fiscal Year 2023 Total revenues increased by 32.2% period-over-period to $40.9 million for 1HFY23Gross margin was 17.7% for 1HFY23, compared to 30.7% for the prior year period General and administrative expenses, as a percentage of total re
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BEIJING, March 18, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that it received a notification letter dated March 14, 2024 (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the "Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules as the closing bid price of the Company's Class A ordinary share (the "Share") has been below US$1.00 per Share for a period of 30 consecutive trading days. The Notification Letter has no immediate impact on the Comp
BEIJING, Jan. 30, 2024 /PRNewswire/ -- In order to serve independent entrepreneurs, BaiJiaYun has released the new generation knowledge delivery tool "DuanXunBao", providing services such as personal IP monetization and knowledge-based payments. With the development of economy and technology, a large number of new business models and patterns have emerged in recent years. In today's "knowledge-intensive, intellect-intensive" society, continuous learning has become an essential part of solving survival problems and achieving personal development for working professionals. Knowledge-based payments, short-term skill courses, and online training camps have gradually become important means to en
BEIJING, Jan. 30, 2024 /PRNewswire/ -- BaiJiaYun, a U.S. stock-listed company (stock code: RTC), today officially announced its deep cooperation with ZhongkeRuijian Technology Co., Ltd. (hereinafter referred to as ZhongkeRuijian). The two parties will share resources and complement each other's strengths, relying on their respective technological accumulations in the fields of artificial intelligence and large-scale models. Together, they aim to promote the implementation of large model vertical applications in education, finance, automotive, and other sectors, and jointly explore the development of multiple new products. BaiJiaYun's CEO, Ma Yi, stated that although many companies have alre
BEIJING, Jan. 29, 2024 /PRNewswire/ -- In recent years, supported by a diversified product strategy, BaiJiaYun has continuously deepened its globalization efforts. Alongside its rapid business growth, BaiJiaYun's brand trust and recognition have been steadily soaring on a global scale. On January 29th, in a move to continuously advance international collaboration and deepen its business layout in Southeast Asia, BaiJiaYun's CEO, Ma Yi, accompanied by Vice Presidents Xiao Jiantie and Qu Wei, and other team members, visited Vietnam for an in-depth on-site investigation and exchange. This visit was aimed at preparing the groundwork for subsequent business developments. The visit to Vietnam for
BEIJING, Jan. 22, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced changes in its management and board of directors (the "Board"). Mr. Gangjiang Li has resigned as a member and chairman of the Board, a member and chairman of the compensation committee of the Board and the chief executive officer of the Company for personal reasons, effective from January 22, 2024. Mr. Ching Chiu has resigned as a director of the Company for personal reasons, effective from the same date. Their resignation did not result from any disagreement with the Company on any matter relating to the Company's operations, policie
BEIJING, Nov. 17, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that it received a notification letter dated November 16, 2023 (the "Notification Letter") from Nasdaq Listing Qualifications ("Nasdaq"), stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) since the Company did not timely file its annual report on Form 20-F for the fiscal year ended June 30, 2023 (the "2023 Annual Report"). Pursuant to the Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Notification Letter, or until January 16, 2024, to submit a plan to regain compliance (the
BEIJING, Sept. 28, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that CFO, Mr. Yong Fang, will be presenting a company overview at the LD Micro Main Event XVI at the Luxe Sunset Boulevard Hotel on Wednesday, October 4, 2023 at 2:00pm PT. Mr. Fang will also be hosting group and 1x1 meetings during the conference. Interested investors can register to watch the virtual presentation: https://me23.sequireevents.com/ in track 2. For more information on the LD Micro Main Event XVI Conference, or to schedule a one-on-one meeting with Baijiayun management, please contact your conference representative. A r
BEIJING, Aug. 31, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced the launch of its state-of-the-art large language model ("LLM") product "Questwave" for artificial intelligence generated content ("AIGC") across a wide range of application scenarios. Questwave is a powerful one-stop AIGC platform with a suite of applications that include LLM AI-driven customer service, formal document drafting, personal AI assistant, digital human interactive live streaming, and marketing content support. This initiative underscores Baijiayun's commitment to driving technological innovation for global users and refle
BEIJING, June 30, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, announced that its Class A ordinary shares will be transferred from the Nasdaq Capital Market to the Nasdaq Global Market effective with the open of business on June 30, 2023. The shares will continue trading under its current ticker symbol "RTC." The financial and liquidity requirements for the Nasdaq Global Market are more stringent than those for the Nasdaq Capital Market. The Nasdaq Stock Market ("Nasdaq") has three distinctive tiers: The Nasdaq Global Select Market®, The Nasdaq Global Market® and The Nasdaq Capital Market®. Applicants must satisf
Leveraging large language model ("LLM") generative AI, MarketingEase is the first of its kind offering to enterprise customers in ChinaMarketingEase provides an intelligent marketing team as a SaaS-based subscription model as well as customized private deployments BEIJING, June 22, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today unveiled its first artificial intelligence generated content ("AIGC") solution "MarketingEase," to significantly enhance the marketing efficiency of enterprise customers in China. Baijiayun announced its latest product launch via a virtual live event combining AI technology with a sen
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Baijiayun Group's (NYSE:RTC) short percent of float has fallen 75.81% since its last report. The company recently reported that it has 15 thousand shares sold short, which is 0.3% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest
Gainers Auddia (NASDAQ:AUUD) stock increased by 13.9% to $1.31 during Thursday's regular session. The company's market cap stands at $3.6 million. AuthID (NASDAQ:AUID) stock rose 13.71% to $9.45. The market value of their outstanding shares is at $89.3 million. Broadcom (NASDAQ:AVGO) stock rose 12.06% to $1675.9. The company's market cap stands at $776.6 billion. The company's, Q2 earnings came out yesterday. Inseego (NASDAQ:INSG) stock increased by 11.19% to $9.24. The market value of their outstanding shares is at $109.7 million. Soluna Holdings (NASDAQ:SLNH) shares increased by 10.71% to $3.72. The company's market cap stands at $14.5 million. Cipher Mining (NASDAQ:CIFR) stock moved
Shares of Skye Bioscience, Inc. (NASDAQ:SKYE) fell sharply during Monday's session after the company announced its SBI-100 Ophthalmic Emulsion Phase 2a trial did not achieve target product profile and has discontinued the program. Skye Bioscience shares tumbled 18.9% to $8.87 on Monday. Here are some other stocks moving in today’s mid-day session. Gainers Big Tree Cloud Holdings Limited (NASDAQ:DSY) shares jumped 123% to $4.3001 following the completion of the company’s business combination with Plutonian Acquisition Corp. and amid continued volatility following its Nasdaq debut last week. KWESST Micro Systems Inc. (NASDAQ:KWE) gained 79.8% to $0.7082 after the company was aw
Gainers Focus Universal (NASDAQ:FCUV) shares rose 11.8% to $0.26 during Friday's after-market session. The company's market cap stands at $16.8 million. CISO Global (NASDAQ:CISO) shares increased by 10.16% to $0.8. The market value of their outstanding shares is at $9.8 million. Verb Tech (NASDAQ:VERB) shares rose 9.11% to $0.18. The market value of their outstanding shares is at $18.7 million. Autodesk (NASDAQ:ADSK) stock increased by 8.12% to $217.99. The company's market cap stands at $46.6 billion. Inuvo (AMEX:INUV) shares moved upwards by 4.31% to $0.27. The company's market cap stands at $37.2 million. Stronghold Digital Mining (NASDAQ:SDIG) shares moved upwards by 3.52% to $2.94
Gainers AEye (NASDAQ:LIDR) shares increased by 30.1% to $5.05 during Tuesday's after-market session. The company's market cap stands at $33.4 million. Cemtrex (NASDAQ:CETX) shares increased by 7.16% to $0.41. The company's market cap stands at $4.3 million. Iveda Solutions (NASDAQ:IVDA) stock increased by 6.96% to $0.68. The market value of their outstanding shares is at $11.0 million. As per the news, the Q1 earnings report came out yesterday. WiSA Technologies (NASDAQ:WISA) shares rose 5.28% to $2.59. The company's market cap stands at $12.0 million. As per the news, the Q1 earnings report came out today. Wrap Technologies (NASDAQ:WRAP) shares increased by 4.84% to $1.73. The market v
Gainers Meta Materials (NASDAQ:MMAT) shares rose 38.7% to $3.19 during Tuesday's regular session. The company's market cap stands at $21.3 million. AEye (NASDAQ:LIDR) shares moved upwards by 33.26% to $3.38. The market value of their outstanding shares is at $22.4 million. Iris Energy (NASDAQ:IREN) stock increased by 14.46% to $7.28. The market value of their outstanding shares is at $1.0 billion. As per the news, the Q3 earnings report came out 4 days ago. Alarum Technologies (NASDAQ:ALAR) stock rose 14.32% to $32.01. The market value of their outstanding shares is at $205.8 million. As per the press release, Q1 earnings came out today. Signing Day Sports (AMEX:SGN) shares moved upward
Gainers AEye (NASDAQ:LIDR) stock rose 59.6% to $1.92 during Friday's regular session. The company's market cap stands at $12.4 million. Inseego (NASDAQ:INSG) stock rose 32.55% to $5.09. The company's market cap stands at $60.4 million. As per the news, the Q1 earnings report came out yesterday. Ouster (NYSE:OUST) shares moved upwards by 24.83% to $12.92. The market value of their outstanding shares is at $582.1 million. As per the news, the Q1 earnings report came out yesterday. Gen Digital (NASDAQ:GEN) stock moved upwards by 15.09% to $23.41. The market value of their outstanding shares is at $14.9 billion. As per the press release, Q4 earnings came out yesterday. SkyWater Technology (
Gainers Baijiayun Group (NASDAQ:RTC) stock moved upwards by 14.8% to $1.55 during Friday's after-market session. The company's market cap stands at $135.9 million. Wrap Technologies (NASDAQ:WRAP) shares increased by 5.6% to $1.78. The company's market cap stands at $78.9 million. Sonim Technologies (NASDAQ:SONM) stock increased by 5.36% to $0.57. The company's market cap stands at $24.6 million. Wetouch Technology (NASDAQ:WETH) stock moved upwards by 5.15% to $1.64. The company's market cap stands at $19.5 million. Evolv Technologies (NASDAQ:EVLV) stock moved upwards by 4.89% to $4.07. The company's market cap stands at $633.2 million. Presto Automation (NASDAQ:PRST) stock moved upward
Gainers DecisionPoint Sys (AMEX:DPSI) shares moved upwards by 24.4% to $10.02 during Wednesday's regular session. The company's market cap stands at $76.9 million. A10 Networks (NYSE:ATEN) stock rose 21.24% to $15.84. The company's market cap stands at $1.1 billion. As per the press release, Q1 earnings came out yesterday. Signing Day Sports (AMEX:SGN) stock moved upwards by 16.32% to $0.3. The company's market cap stands at $4.0 million. Nano Labs (NASDAQ:NA) shares increased by 15.7% to $0.7. The company's market cap stands at $29.2 million. Intchains Gr (NASDAQ:ICG) shares moved upwards by 13.96% to $8.0. The market value of their outstanding shares is at $479.5 million. AMTD Digita
Gainers XIAO-I (NASDAQ:AIXI) stock moved upwards by 8.9% to $1.47 during Tuesday's after-market session. The market value of their outstanding shares is at $105.9 million. AudioEye (NASDAQ:AEYE) stock increased by 7.27% to $14.46. The company's market cap stands at $168.5 million. The company's, Q1 earnings came out today. Texas Instruments (NASDAQ:TXN) stock increased by 5.72% to $174.94. The market value of their outstanding shares is at $159.2 billion. As per the press release, Q1 earnings came out today. Tungray Technologies (NASDAQ:TRSG) stock rose 4.2% to $5.95. The company's market cap stands at $27.1 million. Blend Labs (NYSE:BLND) stock rose 4.02% to $2.58. The market value of
BEIJING, Feb. 21, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a video-centric technology solution provider with core expertise in SaaS/PaaS solutions, today announced the results of its 2022 annual general meeting of shareholders (the "2022 Annual General Meeting"), which was held at 24F, A1 South Building, No. 32 Fengzhan Road, Yuhuatai District, Nanjing, China on February 20, 2023 at 10:00 a.m. (Beijing Time). Holders of 90.2% of the Company's outstanding ordinary shares, as of the record date, January 18, 2023, were present in person or represented by proxy at the 2022 Annual General Meeting, and (1) approved the re-election of each of Mr. Gangjia