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