Taoping's AI Solutions Drives 32% Growth In First Half 2024, With Total Contract Revenue Value Of ~$19.3M

7/8/24 8:43:13 AM ET

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Taoping Inc. (NASDAQ:TAOP, the ", Company", ))))), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 140 million (approximately USD $19.3 million) for the first half of 2024, representing 32% growth over the year-ago period.

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TAOP Announces Appointment of Chief Marketing Officer and Provides Business Updates
SHENZHEN, July 01, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company" or "TAOP"))), a provider of blockchain technology and smart cloud services, today provides an update of its business and announces the promotion of Huan Li, current director of Digital Culture Business Division, to concurrently serve as the Company's Chief Marketing Officer. Mr. Li will oversee all product marketing, brand strategy, direct and digital marketing, data analytics and marketing operations. "Since joining TAOP in March, Mr. Li has proven to be an experienced marketing leader with keen market observations and strong market development abilities, and his presence has been felt across the entir
7/1/21 8:00:00 AM ET
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TAOP Launches New Subsidiary Taoping Digital Assets (Hong Kong) Limited
SHENZHEN, May 19, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company"))), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the establishment of its majority-owned subsidiary, Taoping Digital Assets (Hong Kong) Limited ("Taoping Digital Assets"). Taoping Digital Assets is a Hong Kong limited liability company and its main business is expected to be managing Taoping G Cloud Hong Kong Data Center and providing support to the Company's five business divisions from Hong Kong. Mr. Chi To Ip was appointed as president of Taoping Digital Assets. Mr. Ip has more than 20 years of experi
5/19/21 8:00:00 AM ET
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TAOP Announces Key Management Appointments and Launch of Two New Business Divisions
SHENZHEN, May 10, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company"))), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced the appointment of Ms. Liqiong (Iris) Yan as Chief Financial Officer and the launch of two newly-created business divisions- Digital Server Business Division and G Cloud Computing Power Business Division. The Company also announced the appointment of Mr. Zhiqiang Zhao, president of TAOP, concurrently as director of Digital Server Business Division, and the appointment of Mr. Zhixiong Huang, COO of TAOP, concurrently as director of G Cloud Computing Power Busi
5/10/21 8:00:00 AM ET
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TAOP Reports Fiscal Year 2021 Financial Results
Revenue Increased 124.6% YoY and Gross Margin increased to 37.6% HONG KONG, May 02, 2022 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP, the "Company" or "TAOP"))), a provider of blockchain technology and smart cloud services, today announced its financial results for the year ended December 31, 2021. Fiscal Year 2021 Financial Highlights Revenue was $24.8 million for the year ended December 31, 2021, an increase of $13.8 million from $11.0 million for the year ended December 31, 2020. The revenue increase was mainly attributed to products and software sales totalling $5.8 million, advertising from the recently acquired subsidiary, Taoping New Media Co., Ltd. ("TNM") of
5/2/22 8:30:00 AM ET
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TAOP Reports Financial Results for the Six Months Ended June 30, 2021
Hong Kong, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP), a provider of blockchain technology and smart cloud services, today announced its unaudited financial results for the six months ended June 30, 2021. Revenue was $6.4 million for the first six months of 2021 as compared to $3.7 million for the same period of last year, representing an increase of $2.7 million, or 71.9%. The increase was primarily due to the increase of the sale of high-end data storage servers and software, the addition of advertising revenue as a result of the acquisition of Taoping New Media Co., Ltd. ("TNM") on June 9, 2021, and the new revenue stream from cryptocurrency mining that the Compan
10/26/21 5:00:00 PM ET
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TAOP Reports Fiscal Year 2020 Financial Results and Provides Guidance for FY2021
SHENZHEN, China, April 30, 2021 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ:TAOP), a provider of Internet-based smart display screens, and a new-media ecosystem that enables targeted advertising and online retail, today announced its financial results for the year ended December 31, 2020. Revenue was $11.0 million for the year ended December 31, 2020, a decrease of $2.8 million, compared to $13.8 million for the year ended December 31, 2019. Revenue was $7.3 million for the second half year of 2020, an increase of $3.6 million or 96% from $3.7 million for the first half year of 2020, and an increase of $0.6 million or 9% from $6.7 million for the second half year of 2019. The decrease in rev
4/30/21 8:30:00 AM ET
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Taoping Reports 28.4% Increase in Revenue for the First Six Months of 2024, with EPS of $0.13 Per Diluted Share Compared to a Loss of $1.10 in the Corresponding Period of 2023
SHENZHEN, China, Sept. 5, 2024 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", ))), a provider of innovative smart cloud platform services and solutions, new media and artificial intelligence (AI) solutions, today reported a 28.4% year over year revenue growth to $18.1 million for the six months ended June 30, 2024, with a significant improvement in profitability as the Company delivered net income of $0.13 per diluted share, compared to a net loss of $1.10 per diluted share in the same period of last year. Taoping's strong first half 2024 results were driven by in
9/5/24 8:00:00 AM ET
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Alert: 30% YoY Growth in Taoping's July 2024 Total Contract Revenue Value Driven by Strong Demand for AI-Based Products
SHENZHEN, China, Aug. 12, 2024 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", ))), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 27.4 million (approximately USD $3.8 million) for the month of July 2024, representing 30% growth compared to July 2023, driven by strong demand for its AI-based products. Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: "This impressive and consistent growth strengthens our confidence in the unprecedented opportunities for further revenue growth acceleration ahead of the Company. This growth is being led by
8/12/24 8:30:00 AM ET
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Taoping Accelerates AI Business Growth with New Order for AI-Powered Smart Terminals
SHENZHEN, China, July 18, 2024 /PRNewswire/ -- Taoping Inc. (NASDAQ:TAOP, the ", Company", ))), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today announced a further expansion of its AI business with a new order for the Company's enhanced AI-powered Smart Terminals, which offer a powerful combination of efficiency, customization, and engagement, making them a compelling choice for businesses looking to optimize their operations and enhance customer interactions. Mr. Lin Jianghuai, Chairman and CEO of T
7/18/24 8:30:00 AM ET
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Taoping's AI Solutions Drives 32% Growth In First Half 2024, With Total Contract Revenue Value Of ~$19.3M

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Recent Analyst Ratings for
$TAOP

$TAOP
Leadership Updates

Live Leadership Updates

TAOP Announces Appointment of Chief Marketing Officer and Provides Business Updates

TAOP Launches New Subsidiary Taoping Digital Assets (Hong Kong) Limited

TAOP Announces Key Management Appointments and Launch of Two New Business Divisions

$TAOP
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$TAOP
Financials

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$TAOP
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SEC Form 424B3 filed by Taoping Inc.

SEC Form 6-K filed by Taoping Inc.

SEC Form 6-K filed by Taoping Inc.

TAOP Reports Fiscal Year 2021 Financial Results

TAOP Reports Financial Results for the Six Months Ended June 30, 2021

TAOP Reports Fiscal Year 2020 Financial Results and Provides Guidance for FY2021

Taoping Reports 28.4% Increase in Revenue for the First Six Months of 2024, with EPS of $0.13 Per Diluted Share Compared to a Loss of $1.10 in the Corresponding Period of 2023

Alert: 30% YoY Growth in Taoping's July 2024 Total Contract Revenue Value Driven by Strong Demand for AI-Based Products

Taoping Accelerates AI Business Growth with New Order for AI-Powered Smart Terminals

$TAOP
Market Insights

Live Market Insights

Taoping shares are trading higher after the company announced further expansion of its AI business with a new order for enhanced AI-powered Smart Terminals.

Taoping Expands AI Business With New Order For AI-Powered Smart Terminals

Taoping's AI Solutions Drives 32% Growth In First Half 2024, With Total Contract Revenue Value Of ~$19.3M

$TAOP
Large Ownership Changes

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SEC Form SC 13D/A filed by Taoping Inc. (Amendment)

SEC Form SC 13D/A filed by Taoping Inc. (Amendment)

SEC Form SC 13D/A filed by Taoping Inc. (Amendment)

Taoping's AI Solutions Drives 32% Growth In First Half 2024, With Total Contract Revenue Value Of ~$19.3M

Chat with this insight

Recent Analyst Ratings for $TAOP

$TAOP Leadership Updates

Live Leadership Updates

TAOP Announces Appointment of Chief Marketing Officer and Provides Business Updates

TAOP Launches New Subsidiary Taoping Digital Assets (Hong Kong) Limited

TAOP Announces Key Management Appointments and Launch of Two New Business Divisions

$TAOP SEC Filings

$TAOP Financials

Live finance-specific insights

$TAOP Press Releases

Fastest customizable press release news feed in the world

SEC Form 424B3 filed by Taoping Inc.

SEC Form 6-K filed by Taoping Inc.

SEC Form 6-K filed by Taoping Inc.

TAOP Reports Fiscal Year 2021 Financial Results

TAOP Reports Financial Results for the Six Months Ended June 30, 2021

TAOP Reports Fiscal Year 2020 Financial Results and Provides Guidance for FY2021

Taoping Reports 28.4% Increase in Revenue for the First Six Months of 2024, with EPS of $0.13 Per Diluted Share Compared to a Loss of $1.10 in the Corresponding Period of 2023

Alert: 30% YoY Growth in Taoping's July 2024 Total Contract Revenue Value Driven by Strong Demand for AI-Based Products

Taoping Accelerates AI Business Growth with New Order for AI-Powered Smart Terminals

$TAOP Market Insights

Live Market Insights

Taoping shares are trading higher after the company announced further expansion of its AI business with a new order for enhanced AI-powered Smart Terminals.

Taoping Expands AI Business With New Order For AI-Powered Smart Terminals

Taoping's AI Solutions Drives 32% Growth In First Half 2024, With Total Contract Revenue Value Of ~$19.3M

$TAOP Large Ownership Changes

This live feed shows all institutional transactions in real time.

SEC Form SC 13D/A filed by Taoping Inc. (Amendment)

SEC Form SC 13D/A filed by Taoping Inc. (Amendment)

SEC Form SC 13D/A filed by Taoping Inc. (Amendment)

Recent Analyst Ratings for
$TAOP

$TAOP
Leadership Updates

$TAOP
SEC Filings

$TAOP
Financials

$TAOP
Press Releases

$TAOP
Market Insights

$TAOP
Large Ownership Changes