Borqs Technologies ( (BRQSF) ) has provided an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
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.