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The latest announcement is out from Audinate Group ( (AU:AD8) ).
Audinate Group Limited reported its financial results for FY25, highlighting a return to growth in the second half of the year despite earlier challenges due to inventory overhang and a slowdown in AV industry growth. The company achieved significant milestones, including expanding gross margins, launching new software and cloud products, and acquiring Iris Studio Inc. to enhance its video capabilities. Audinate is well-positioned to drive industry transformation with its focus on software solutions, as evidenced by the increased adoption of its Dante audio products and strategic initiatives aimed at long-term value creation.
The most recent analyst rating on (AU:AD8) stock is a Buy with a A$12.00 price target. To see the full list of analyst forecasts on Audinate Group stock, see the AU:AD8 Stock Forecast page.
More about Audinate Group
Audinate Group Limited is a leading company in the global AV industry, specializing in IP-based, software-driven solutions. It focuses on audio, video, and control platforms, with its flagship product, Dante, widely adopted for audio networking.
YTD Price Performance: -18.08%
Average Trading Volume: 255,617
Technical Sentiment Signal: Sell
Current Market Cap: A$511.3M
See more data about AD8 stock on TipRanks’ Stock Analysis page.