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Elliptic Labs’ Revenue Soars with Expanding Deployments
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Elliptic Labs’ Revenue Soars with Expanding Deployments

Elliptic Laboratories AS (DE:EIP) has released an update.

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Elliptic Labs has reported a significant revenue increase of 51% in the first half of 2024 compared to the same period in 2023, with a total of NOK 56.1 million in revenue from contracts with customers. The company has expanded its product deployment to 130 smartphone models and 31 laptop models and has secured milestone revenue from two new laptop contracts in Q2 2024. With strategic expansions and new contracts, Elliptic Labs is poised to continue its growth trajectory in the tech market.

For further insights into DE:EIP stock, check out TipRanks’ Stock Analysis page.

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