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V-cube Delays Financial Results Announcement Amid TEN Holdings’ IPO

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V-cube Delays Financial Results Announcement Amid TEN Holdings’ IPO

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The latest announcement is out from V-cube, Inc. ( (JP:3681) ).

V-cube, Inc. has postponed its financial results announcement for the fiscal year ending December 2024 due to the imminent IPO of its U.S. subsidiary, TEN Holdings, Inc. The company is assessing the financial implications of the IPO, including the impact on cash flow and deferred tax assets, necessitating a delay in the earnings release to ensure accurate financial reporting.

More about V-cube, Inc.

V-cube, Inc. operates in the technology industry, focusing on providing communication solutions through video and web conferencing services. The company is listed on the Tokyo Stock Exchange and is expanding its market presence with its subsidiary, TEN Holdings, Inc., preparing for an IPO on NASDAQ.

YTD Price Performance: 16.81%

Average Trading Volume: 590

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €34.67M

See more data about 3681 stock on TipRanks’ Stock Analysis page.

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