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Glimpse Group Achieves Positive EBITDA, Revenue Surges

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Glimpse Group Achieves Positive EBITDA, Revenue Surges

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Glimpse Group ( (VRAR) ) just unveiled an announcement.

On February 13, 2025, The Glimpse Group announced its Q2 fiscal year 2025 financial results, highlighting a 52% revenue increase from the same quarter the previous year and a positive EBITDA for the first time in its history as a publicly traded company. The company also regained compliance with Nasdaq’s listing requirements and noted significant progress with recent contracts, including a major milestone in a Department of Defense project, despite potential delays in government-related opportunities due to budgetary issues.

More about Glimpse Group

The Glimpse Group is a diversified immersive technology platform company providing enterprise-focused Virtual Reality, Augmented Reality, and Spatial Computing software and services.

YTD Price Performance: -37.28%

Average Trading Volume: 3,099,179

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $35.46M

For a thorough assessment of VRAR stock, go to TipRanks’ Stock Analysis page.

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