Linius Technologies Ltd. (AU:LNU) has released an update.
Linius Technologies Ltd. reports a successful quarter with record cash receipts and a 66% increase in year-over-year cash receipts, driven by significant deployments including their first American Football customer and key partnerships with industry leaders like Magnifi and Avid. The company has made notable inroads into the lucrative US college sports market, securing contracts with major conferences and expanding their video virtualization product, Whizzard. These strategic moves, coupled with their advanced search and recommendation technology, are set to significantly scale Linius’ revenue and market presence.
For further insights into AU:LNU stock, check out TipRanks’ Stock Analysis page.
