Welcome to our dedicated page for Agora news (Ticker: API), a resource for investors and traders seeking the latest updates and insights on Agora stock.
Agora, Inc. provides real-time communication APIs powering voice, video, and AI-driven interactions across global applications. This page serves as the central hub for official company announcements, financial updates, and technology developments.
Investors and developers will find curated press releases detailing product launches, strategic partnerships, and quarterly earnings. Stay informed about innovations like Adaptive Video Optimization™ and enterprise solutions for telehealth, education, and live streaming markets.
Key updates include API enhancements, developer toolkit expansions, and recognition in industry benchmarks. Bookmark this page for reliable insights into Agora’s evolving role in shaping digital communication infrastructure.
Agora, Inc. (NASDAQ: API) reported Q1 2022 revenues of $38.6 million, down 4.1% year-over-year, impacted by reduced usage in China's K-12 tutoring due to new regulations. Active customers rose 16.4% to 2,706. Net loss increased to $26.9 million, or $0.24 per ADS, up from $14.7 million a year prior. Operating expenses surged 36.4% to $54.1 million. Despite challenges, Agora maintains 2022 revenue guidance of $176-$178 million, driven by growth in other regions. The company also announced the appointment of Roger Hale as Chief Security Officer to enhance compliance and security.
Agora, Inc. (NASDAQ: API) has announced the RTE2022 conference set for October 10-12, 2022, focusing on Real-Time Engagement (RTE) technologies. The virtual event, which will also feature a live program at the Metreon in San Francisco, aims to unite industry experts and innovators to explore advancements in live video, voice, and streaming. Approximately 500 in-person participants and thousands online are expected. The conference invites speaker proposals by July 15, 2022, covering topics from the Metaverse to AI.
Agora, Inc. (NASDAQ: API) will announce its financial results for Q1 2022 on May 23, 2022, after U.S. market close. A conference call will take place at 6 p.m. PT to discuss these results. Interested parties can register online for the event and will receive dial-in details upon registration. A recording of the call will be available two hours post-event. Agora specializes in real-time engagement APIs, enhancing communication across applications.
Agora, Inc. (NASDAQ: API) is showcasing its real-time engagement technology at the NAB Show in Las Vegas from April 23-27, 2022. The company will present its innovative platform through a case study on Encore, a music-focused creator platform, and host panel discussions with industry experts. Agora emphasizes the transformative potential of mobile interactive engagement and demonstrates its capabilities in spatial audio via a collaboration with client Chalkboard. The company's presence at NAB aims to highlight the future of media and entertainment.
Agora, Inc. (NASDAQ: API) will showcase its real-time audio and video technology at the 2022 Game Developer Conference from March 21-25 in San Francisco. The conference, with over 25,000 participants, aims to enhance game interactivity and engagement through innovative technology. Agora will host two virtual sessions on March 25, focusing on boosting user engagement and exploring the metaverse's potential. The company will also provide live demos at booth P1754, demonstrating various gaming applications. Agora continues to empower developers with accessible APIs for real-time engagement.
Agora, Inc. (NASDAQ: API) will showcase its real-time engagement solutions at 4YFN on March 2, 2022. The session titled The Workplace2026: The Future of Work, Collaboration, and Connectivity will explore the evolution of work, emphasizing hybrid models and digital tools. Agora's founder, Tony Zhao, notes that innovations in communication will transform how work is conducted. The event aims to foster connections among startups, investors, and established companies for launching new ventures. Agora will operate from Hall 6 Booth 6D24 during the exhibition.
Agora, Inc. (NASDAQ: API) reported its fourth quarter and fiscal year 2021 results, showcasing a 21.5% revenue increase to $40.4 million in Q4 and 25.8% growth for the year to $168.0 million. Active customers rose by 27.4% to 2,670. However, the company faced a net loss of $21.2 million in Q4 and $72.4 million for the year, up from $6.2 million and $3.1 million losses in 2020. Despite this, Agora anticipates revenue between $176 million and $178 million for 2022, fueled by its metaverse-focused innovations.
Agora, Inc. (NASDAQ: API) announced a new share repurchase program, allowing the company to buy back up to US$200 million of its Class A ordinary shares over the next 12 months. This initiative highlights the Board's confidence in Agora's fundamentals and long-term growth strategy. The program is expected to enhance shareholder value while still permitting investment in the company's technology and business expansion. Repurchases will occur in the open market and may be adjusted or suspended based on market conditions.
Agora, Inc. (NASDAQ: API) will announce its financial results for Q4 and the fiscal year ending December 31, 2021, on February 22, 2022, after U.S. market close. A conference call to discuss the results will occur at 5 p.m. PT / 8 p.m. ET on the same day. Interested participants should register in advance to receive dial-in numbers and access codes. Replay of the call will be available two hours post-event. Agora aims to facilitate ubiquitous real-time engagement through its advanced APIs for video and voice functionalities.
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