Wishpond Technologies (TSE:WISH) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Wishpond Technologies reported a robust second quarter in 2024, with a 151% increase in Adjusted EBITDA and the launch of SalesCloser AI, a new AI-powered virtual sales agent. The company’s revenue grew by 3%, with significant contributions from organic growth and new product offerings, despite a decline from a legacy customer. Wishpond’s positive financial trajectory is underpinned by cost reductions and operational improvements, and is expected to continue with the adoption of their new products.
For further insights into TSE:WISH stock, check out TipRanks’ Stock Analysis page.
