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Creative Technology ( (SG:C76) ) has issued an update.
Creative Technology Ltd announced that its revenue for the second half of the financial year ending June 30, 2025, is expected to fall short of targets at approximately US$30 million, with operating losses similar to the first half of the year. The company’s performance has been adversely affected by global trade tensions and weakening consumer sentiments due to US trade tariffs. In response, Creative is implementing strategies to enhance revenue growth and optimize resources.
More about Creative Technology
Creative Technology Ltd is a company based in Singapore, primarily involved in the technology industry. The company is known for its innovative audio products and digital entertainment solutions, catering to a global market.
Average Trading Volume: 27,722
Technical Sentiment Signal: Sell
Current Market Cap: S$58.08M
For detailed information about C76 stock, go to TipRanks’ Stock Analysis page.