Agora, Inc. provides Real-Time Engagement Platform-as-a-Service (RTE-PaaS) in the People's Republic of China, the United States, and internationally. Its RTE-PaaS offers developers with software tools to embed real-time video, voice, and messaging functionalities into applications. The company's enterprise-grade products include Real-Time Video, Real-Time Voice, Live Interactive Video and Audio Streaming, Real-Time Messaging, Real-Time Recording, Real-Time Streaming Acceleration, Agora Analytics, and various use case products that serves as building blocks for developers to embed the respective functions in applications. Its real-time engagement products are delivered through its Software-Defined Real-Time Network, which is a virtual network overlay on top of the public internet. The company offers its solutions in the areas of social, education, entertainment, gaming, e-commerce, financial Services, and healthcare, as well as provides customer support services. Agora, Inc. was founded in 2013 and is headquartered in Shanghai, China.
IPO Year: 2020
Exchange: NASDAQ
Website: agora.io
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/20/2024 | $4.00 → $2.63 | Buy → Neutral | BofA Securities |
9/28/2023 | $4.59 → $3.20 | Overweight → Equal-Weight | Morgan Stanley |
5/16/2022 | $11.00 → $10.00 | Neutral → Buy | Nomura |
5/5/2022 | $10.00 | Outperform | Bernstein |
5/3/2022 | $12.50 | Equal-Weight → Overweight | Morgan Stanley |
2/18/2022 | $11.00 | Overweight → Neutral | JP Morgan |
11/24/2021 | $40.00 → $27.00 | Buy | Needham |
10/22/2021 | $33.00 | Overweight | JP Morgan |
8/11/2021 | $78.00 → $40.00 | Buy | Needham |
SANTA CLARA, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API) ("Agora"), a pioneer and leading platform for real-time engagement APIs, today announced the appointment of Mr. Sheng (Shawn) Zhong as its Chief Technology Officer, effective immediately. Mr. Zhong has served as Agora's Chief Scientist since January 2018 and with his additional role as Chief Technology Officer, Mr. Zhong will be responsible for managing Agora's global research and development organization and strengthening Agora's technology leadership. Before joining Agora, Mr. Zhong served as the chief executive officer of Hisense Microchip Company and had held several senior technical roles at Broadcom Inc.
SANTA CLARA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the second quarter ended June 30, 2024. "I am glad to see both Agora and Shengwang delivered year-on-year revenue growth against a very challenging macro environment in this quarter, which was made possible through our relentless innovation to enable new use cases and to push the bar of quality and value for existing use cases," said Tony Zhao, founder, chairman and CEO of Agora, Inc. "Recently, we facilitated our customers to launch conversational AI applications in various use cases s
SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API), a pioneer and leader in real-time engagement technology, will release its financial results for the second quarter ended June 30, 2024 after the close of U.S. markets on August 19, 2024. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 2Q 2024 Financial Results The call will be available at https://edge.media-server.com/mmc/p/nr2i6si8 Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may registe
SANTA CLARA, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the first quarter ended March 31, 2024. "Despite a challenging operating environment, we continued to focus on enhancing the fundamental performance of our products, for example, launching our new Adaptive Video Optimization technology and improving the stability of our SDKs to highest levels in our history," said Tony Zhao, founder, chairman and CEO of Agora, Inc. "I firmly believe such improvements will create value for use cases of today and the future. For instance, our earlier predi
SANTA CLARA, Calif., May 10, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API), a pioneer and leader in real-time engagement technology, will release its financial results for the first quarter ended March 31, 2024 after the close of U.S. markets on May 22, 2024. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 1Q 2024 Financial Results The call will be available at https://edge.media-server.com/mmc/p/r6zm2238 Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may register fo
SANTA CLARA, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2023. "We ended 2023 with strong financial results in the fourth quarter, as we delivered sequential quarterly revenue growth and a non-GAAP net income of $1.4 million, achieving quarterly profitability on the non-GAAP basis for the first time in more than three years. This demonstrates the resilience of our business amid a very challenging operating environment, as well as our continued discipline and efforts in optimizing o
SANTA CLARA, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API), a pioneer and leader in real-time engagement technology, will release its financial results for the fourth quarter and fiscal year ended December 31, 2023 after the close of U.S. markets on February 26, 2024. Agora, Inc. will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 4Q 2023 Financial Results The call will be available at https://edge.media-server.com/mmc/p/p29mk9bu Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Pa
SANTA CLARA, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2023. "We delivered sequential revenue growth amid a very challenging operating environment in this quarter, by staying laser-focused on key customers and core product improvements. Our continued cost discipline has enabled us to further reduce our adjusted EBITDA loss and operating cash outflow to the lowest levels seen in more than two years," said Tony Zhao, founder, chairman and CEO of Agora, Inc. "Looking forward, generative AI will enrich
SANTA CLARA, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API), a pioneer and leader in real-time engagement technology, will release its financial results for the third quarter ended September 30, 2023 after the close of U.S. markets on November 21, 2023. Agora, Inc. will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 3Q 2023 Financial Results The call will be available at https://edge.media-server.com/mmc/p/t37c98mk Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may r
SANTA CLARA, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the second quarter ended June 30, 2023. "We continued to face a very challenging operating environment this quarter. The Agora business was impacted by the tightening financing conditions of certain customers, while the Shengwang business navigated a slowing economy and fast evolving regulations in certain downstream markets," said Tony Zhao, founder, chairman and CEO of Agora, Inc. "In light of these challenges, we have taken steps to focus our resources on fewer projects with clear cu
SANTA CLARA, Calif., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API), a pioneer and leader in real-time engagement technology, will release its financial results for the second quarter ended June 30, 2023 after the close of U.S. markets on August 21, 2023. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 2Q 2023 Financial Results The call will be available at https://edge.media-server.com/mmc/p/vqp9dooj Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may r
144 - Agora, Inc. (0001802883) (Subject)
144 - Agora, Inc. (0001802883) (Subject)
6-K - Agora, Inc. (0001802883) (Filer)
144 - Agora, Inc. (0001802883) (Subject)
144 - Agora, Inc. (0001802883) (Subject)
6-K - Agora, Inc. (0001802883) (Filer)
20-F - Agora, Inc. (0001802883) (Filer)
6-K - Agora, Inc. (0001802883) (Filer)
6-K - Agora, Inc. (0001802883) (Filer)
6-K - Agora, Inc. (0001802883) (Filer)
Toronto, Ontario--(Newsfile Corp. - September 4, 2024) - Appia Rare Earths & Uranium Corp. (CSE:API) (OTCQX:APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") announces that, further to the press release issued earlier today, we confirm the successful discovery of uranium and rare earth element mineralization during the 2024 exploration program at the Eastside property (Figure 1). These promising assay results, analyzed and verified by the Saskatchewan Research Council (SRC) Laboratories in Saskatoon, confirm our exploration models and underscore the significant potential of the Eastside property within Appia's Saskatchewan portfolio. The Press Release issued earlier toda
Toronto, Ontario--(Newsfile Corp. - September 4, 2024) - Appia Rare Earths & Uranium Corp. (CSE:API) (OTCQX:APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the successful discovery of uranium and rare earth element mineralization during the 2024 exploration program at the Eastside property (Figure 1). These promising assay results, analyzed and verified by the Saskatchewan Research Council (SRC) Laboratories in Saskatoon, confirm our exploration models and underscore the significant potential of the Eastside property within Appia's Saskatchewan portfolio.Highlights of the 2024 Assay Results:Uranium Mineralization:Grab Sample 181213 (Figure 2): U3
SANTA CLARA, Calif., Aug. 19, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the second quarter ended June 30, 2024. "I am glad to see both Agora and Shengwang delivered year-on-year revenue growth against a very challenging macro environment in this quarter, which was made possible through our relentless innovation to enable new use cases and to push the bar of quality and value for existing use cases," said Tony Zhao, founder, chairman and CEO of Agora, Inc. "Recently, we facilitated our customers to launch conversational AI applications in various use cases s
SANTA CLARA, Calif., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API), a pioneer and leader in real-time engagement technology, will release its financial results for the second quarter ended June 30, 2024 after the close of U.S. markets on August 19, 2024. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 2Q 2024 Financial Results The call will be available at https://edge.media-server.com/mmc/p/nr2i6si8 Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may registe
Toronto, Ontario--(Newsfile Corp. - July 12, 2024) - Appia Rare Earths & Uranium Corp. (CSE:API) (OTCQX:APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce a non-brokered private placement (the "Offering") of up to 10,000,000 working capital units (the "WC Units") of the Company at a price of $0.10 per WC Unit for up to $1,000,000 to provide the Company with working capital and funding for exploration of the Corporation's PCH Project in Brazil.Each WC Unit consists of one (1) common share of the Company priced at $0.10 per common share and one (1) common share purchase warrant (a "WC Warrant"). Each WC Warrant entitles the holder to purchase one (1) c
SANTA CLARA, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the first quarter ended March 31, 2024. "Despite a challenging operating environment, we continued to focus on enhancing the fundamental performance of our products, for example, launching our new Adaptive Video Optimization technology and improving the stability of our SDKs to highest levels in our history," said Tony Zhao, founder, chairman and CEO of Agora, Inc. "I firmly believe such improvements will create value for use cases of today and the future. For instance, our earlier predi
SANTA CLARA, Calif., May 10, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ:API), a pioneer and leader in real-time engagement technology, will release its financial results for the first quarter ended March 31, 2024 after the close of U.S. markets on May 22, 2024. Agora, Inc. will host a conference call to discuss the financial results at 6 p.m. Pacific Time / 9 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 1Q 2024 Financial Results The call will be available at https://edge.media-server.com/mmc/p/r6zm2238 Investors who want to hear the call should log on at least 15 minutes prior to the broadcast. Participants may register fo
61% of consumers under 55 express interest in live shopping experiences SANTA CLARA, Calif., May 8, 2024 /PRNewswire/ -- Agora, Inc. (NASDAQ:API), a pioneer and leading platform for real-time engagement APIs in the interactive live shopping sector, today announced the results of a commissioned study examining consumer perceptions surrounding live shopping. Live shopping is anticipated to grow into a mainstream online retail avenue, significantly transforming the consumer shopping experience. As retailers and marketplaces strategically position themselves to harness this burgeo
Agora's Adaptive Video Optimization™ (AVO) technology dynamically optimizes performance at every step, from capture to playback, to deliver exceptional live video quality. SANTA CLARA, Calif., May 1, 2024 /PRNewswire/ -- Agora, Inc. (NASDAQ:API), a pioneer and leading platform for real-time engagement APIs, today unveiled its latest innovation, Adaptive Video Optimization™ (AVO) along with support for the AV1 video codec. This advanced technology harnesses the power of machine learning to dynamically adjust parameters at every step from capture to playback to deliver an enhanced live video streaming experience.
The partnership expands Agora's focus on media and entertainment with digital rights management (DRM) solutions that safeguard live content SANTA CLARA, Calif., April 11, 2024 /PRNewswire/ -- Agora, Inc. (NASDAQ:API), a pioneer and leading platform for real-time engagement APIs, today announced a new partnership with EZDRM, the premier provider of Digital Rights Management as a Service (DRMaaS). The partnership aims to deliver secure, interactive experiences that protect valuable content while engaging audiences on a deeper level. As interactive live streaming experiences beco
SC 13G/A - Agora, Inc. (0001802883) (Subject)
SC 13G/A - Agora, Inc. (0001802883) (Subject)
SC 13G/A - Agora, Inc. (0001802883) (Subject)
SC 13G/A - Agora, Inc. (0001802883) (Subject)
SC 13G/A - Agora, Inc. (0001802883) (Subject)
SC 13G/A - Agora, Inc. (0001802883) (Subject)
SC 13G - Agora, Inc. (0001802883) (Subject)
SC 13G/A - Agora, Inc. (0001802883) (Subject)
SC 13G/A - Agora, Inc. (0001802883) (Subject)
SC 13G - Agora, Inc. (0001802883) (Subject)
BofA Securities downgraded Agora from Buy to Neutral and set a new price target of $2.63 from $4.00 previously
Morgan Stanley downgraded Agora from Overweight to Equal-Weight and set a new price target of $3.20 from $4.60 previously
Nomura upgraded Agora from Neutral to Buy and set a new price target of $10.00 from $11.00 previously
Bernstein initiated coverage of Agora with a rating of Outperform and set a new price target of $10.00
Morgan Stanley upgraded Agora from Equal-Weight to Overweight and set a new price target of $12.50
JP Morgan downgraded Agora from Overweight to Neutral and set a new price target of $11.00
Needham reiterated coverage of Agora with a rating of Buy and set a new price target of $27.00 from $40.00 previously
JP Morgan initiated coverage of Agora with a rating of Overweight and set a new price target of $33.00
Needham reiterated coverage of Agora with a rating of Buy and set a new price target of $40.00 from $78.00 previously
Nomura initiated coverage of Agora with a rating of Buy and set a new price target of $70.00
Agora (NASDAQ:API) reported $33.021 million in sales this quarter. This is a 9.39 percent decrease over sales of $36.443 million the same period last year.
Financial OutlookBased on currently available information, the Company expects total revenues for the first quarter of 2024 to be between $32 million and $34 million. This outlook reflects the Company's current and preliminary views on the market and operational conditions, which are subject to change.
Agora (NASDAQ:API) reported quarterly earnings of $0.01 per share which beat the analyst consensus estimate of $(0.09) by 111.11 percent. This is a 107.14 percent increase over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $36.04 million which missed the analyst consensus estimate of $41.74 million by 13.65 percent. This is a 10.16 percent decrease over sales of $40.12 million the same period last year.
Companies Reporting Before The Bell • Kosmos Energy (NYSE:KOS) is projected to report quarterly earnings at $0.23 per share on revenue of $477.73 million. • Krystal Biotech (NASDAQ:KRYS) is estimated to report quarterly loss at $0.37 per share on revenue of $28.61 million. • Li Auto (NASDAQ:LI) is estimated to report quarterly earnings at $0.29 per share on revenue of $5.48 billion. • Clear Channel Outdoor (NYSE:CCO) is expected to report quarterly earnings at $0.04 per share on revenue of $610.14 million. • Lincoln Educational Servs (NASDAQ:LINC) is expected to report quarterly earnings at $0.27 per share on revenue of $96.20 million. • BioCryst Pharma (NASDAQ:BCRX) is projected to re
Agora (NASDAQ:API) is set to give its latest quarterly earnings report on Monday, 2024-02-26. Here's what investors need to know before the announcement. Analysts estimate that Agora will report an earnings per share (EPS) of $-0.09. Agora bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.06, which was followed by a 8.77% drop in the share price the next day. Here
The commercial real estate sector’s current quandary has precipitated a significant drop in regional bank stocks, stirring investors’ memories of the notorious Silicon Valley Bank downfall. What Happened: The KBW Nasdaq Regional Bank Index experienced its most severe drop since March, decreasing by 6%. This slump was primarily instigated by New York Community Bancorp, Inc. (NYSE:NYCB), which saw a nearly 40% drop following a Q4 loss of $260 million, consequent to distressed commercial real estate loans, according to a Business Insider report on Wednesday. Losses in the U.S. property market also led to a 20% plunge in Agora Inc (NASDAQ:API) bank stocks based in Tokyo, while Deutsche Ban
Gainers Inpixon (NASDAQ:INPX) stock rose 56.1% to $0.07 during Monday's pre-market session. The company's market cap stands at $13.5 million. SMX (Security Matters) (NASDAQ:SMX) shares moved upwards by 33.61% to $0.48. The company's market cap stands at $2.7 million. UTime (NASDAQ:WTO) shares moved upwards by 19.04% to $0.25. The company's market cap stands at $3.3 million. Pixelworks (NASDAQ:PXLW) shares rose 18.84% to $1.64. The company's market cap stands at $93.6 million. Actelis Networks (NASDAQ:ASNS) shares moved upwards by 12.6% to $1.34. The market value of their outstanding shares is at $4.0 million. BTC Digital (NASDAQ:BTCT) stock increased by 9.64% to $6.14. The market value