Borqs Technologies ( (BRQSF) ) has provided an update.
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Borqs Technologies has submitted its unaudited consolidated financial statements for the six months ending June 30, 2024. The report reveals a growth in total net revenues to $16,773,000, with both software and hardware segments showing an increase. The company’s total assets grew to $24,267,000, while liabilities decreased, indicating a potential improvement in financial stability. These results suggest a positive impact on the company’s operations, potentially enhancing its market positioning and providing optimism for stakeholders.
More about Borqs Technologies
Borqs Technologies is a company involved in the technology industry, primarily providing software and hardware solutions. The company seems to focus on developing technology products and services for various markets.
YTD Price Performance: 215.79%
Average Trading Volume: 32,964
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.39M
See more data about BRQSF stock on TipRanks’ Stock Analysis page.