Aurora Mobile (JG) has released an update.
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Aurora Mobile Limited reports a slight revenue dip to $8.9 million in Q1 2024, but a notable reduction in net loss to $0.4 million from last year’s $15.2 million, reflecting operational efficiency improvements. The company also marks its third consecutive quarter of positive adjusted EBITDA and a record gross margin since Q4 2021, alongside significant customer growth for its EngageLab products.
For further insights into JG stock, check out TipRanks’ Stock Analysis page.
