ISPD Network (FR:ALISP) has released an update.
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ISPD Network reports a temporary 5% decline in H1 2024 sales, attributing the slip to the end of a major contract in the USA and expenses from launching seven new AI-based products. Despite a drop in gross margin and a consolidated net loss, the company remains optimistic about rebounding in the second half of the year with cost reductions and business growth. ISPD continues to innovate in cognitive marketing, banking on their AI advancements to regain momentum.
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