Company Announcements

Raspberry Pi Holdings Reports Strong H1 Growth

Raspberry PI Holdings plc (GB:RPI) has released an update.

Raspberry Pi Holdings plc reported a robust first half of 2024 with a significant revenue increase of 61% to $144.0m and gross profit up by 47% to $34.2m, despite a slight dip in gross margin. The company’s successful IPO and the strong uptake of the Raspberry Pi5 and new AI product launch have contributed to its positive performance. The outlook remains stable as Raspberry Pi anticipates higher unit volumes and continued product expansion in H2 2024.

For further insights into GB:RPI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskRaspberry Pi and SECO Forge Strategic Partnership
TipRanks UK Auto-Generated NewsdeskRaspberry Pi Announces Internal Share Transfer
TipRanks UK Auto-Generated NewsdeskRaspberry Pi Insider Executes Share Sale
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App