BrainChip Reveals Lower Revenues and Reduced Losses

BrainChip Holdings (AU:BRN) has released an update.

BrainChip Holdings Ltd has reported a decrease in revenues by 8% and a 33% reduction in losses per share for the half-year ending on June 30, 2024, compared to the same period last year. No dividends were declared or paid, and the company does not have a dividend reinvestment plan. The financials indicate a net tangible assets per share decrease from 1.18 US cents to 0.72 US cents.

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