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Elliptic Laboratories AS ( (DE:EIP) ) has shared an update.
Elliptic Labs reported a decline in revenue for the second quarter of 2025 compared to the previous year, but has made significant strides by launching its platform on 25 new laptop models and 43 new smartphone models year-to-date. The company also signed two major agreements with an existing customer, securing a minimum revenue commitment of approximately NOK 55 million for the third quarter, indicating a strategic expansion in both commercial and consumer segments.
More about Elliptic Laboratories AS
Elliptic Labs is a Norwegian company specializing in AI Virtual Smart Sensor technology, which enhances user experiences by providing contextual intelligence to devices. Their platform, deployed in over 500 million devices, utilizes deep neural networks to improve personalization, privacy, and productivity across various devices and operating systems. The company is listed on the Oslo Stock Exchange and has a global presence.
Average Trading Volume: 257,111
Current Market Cap: NOK1.23B
Find detailed analytics on EIP stock on TipRanks’ Stock Analysis page.