Datasea reports Q3 EPS (24c) vs. ($1.55) last year

Reports Q3 revenue $10.4M vs. $1.4M last year. Zhixin Liu, CEO of Datasea (DTSS), commented, “We are pleased to have delivered robust year-over-year revenue growth. The period’s revenue was driven by the continued strong performance and market expansion of the Company’s 5G+AI multimodal digital segment in China, supported by its growing adoption across a spectrum of industries resulting in long-term customer contracts. In addition, the Company’s acoustic high-tech products gained traction through strategic retail placement and new product innovation. The strength of our 5G+AI multimodal data platform and the market adoption of our acoustic products reinforce our vision of redefining digital and physical experiences through innovation.”