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Datasea Inc - DTSS STOCK NEWS

Welcome to our dedicated news page for Datasea (Ticker: DTSS), a resource for investors and traders seeking the latest updates and insights on Datasea.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Datasea's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Datasea's position in the market.

News
Datasea Reports Second Quarter Fiscal Year 2024 Financial Results and Operations Update - Second Quarter Revenue is $11.3 Million Versus $0.1 Million in the Year-Ago Period
Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) reports strong financial performance for the second quarter of 2024, with revenue reaching $11.3 million, totaling $18.2 million for the first half of the fiscal year. The company attributes this growth to its 5G multimodal communication business in China, signing significant service agreements. Datasea focuses on customer needs, product optimization, and technology advantages. The company also expands into the US market with air sterilization products, pursuing intellectual property rights and online platform establishment. Datasea aims to meet global demand for healthy living solutions through advanced acoustics technology integrated with AI across various products for business and consumer applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-28.64%
Tags
earnings
-
News
Datasea Regains Compliance with NASDAQ Minimum Bid Price Requirement
Rhea-AI Summary
Datasea Inc. (DTSS) has regained compliance with NASDAQ's minimum bid price requirement, with the closing bid price of the Company's common stock at $1.00 per share or greater for the last 10 consecutive business days. This positive development signifies the company's adherence to NASDAQ's regulations and its ability to maintain a stable stock price.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.61%
Tags
none
-
News
Datasea Pre-Announces First Half 2024 Revenue of $18.2 Million, a 1,037.5% Year-Over-Year Increase
Rhea-AI Summary
Datasea Inc. (DTSS) expects a revenue of approximately $18.2 million for the first six months ended December 31, 2023, marking a significant increase of 1,037.5% compared to the same period in the previous fiscal year. The company's 5G messaging business is showing promising growth, and its Acoustic Intelligence business is gaining traction in the marketplace. However, the preliminary results are subject to change as the company finalizes its financial statements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.43%
Tags
none
News
Datasea Enters into Agreement with U.S. Marketing Firm to Promote and Market its Innovative Intelligent Acoustics Products
Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) has announced a marketing promotion and sales cooperation agreement with Meglio Interiors LLC to expand its footprint in the U.S. The agreement aims to develop, promote, and distribute Datasea's intelligent acoustics products in the U.S. The initial term of the agreement is two years, and Meglio will serve as one of the primary distributors of the products. Datasea plans to establish an assembly line for its products in the U.S. in the near future. The CEO, Ms. Zhixin Liu, believes that the agreement will accelerate sales growth and introduce home health products into the U.S. market, addressing everyday health and living needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.28%
Tags
none
-
News
Datasea Announces 1-for-15 Reverse Stock Split to Regain Compliance with Nasdaq Minimum Bid Requirement
Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) has announced a reverse stock split at a ratio of 1-for-15 to regain compliance with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. The reverse split is expected to become effective on January 19, 2024, and the shares are expected to begin trading on the split-adjusted basis on the Nasdaq Stock Exchange under the existing trading symbol 'DTSS' at the market open on January 23, 2024. The total number of shares of Common Stock authorized for issuance will be reduced from 375,000,000 shares to 25,000,000 shares of Common Stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.28%
Tags
stock split
-
News
Datasea Reports First Quarter Fiscal Year 2024 Financial Results and Operations Update
Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) Announces Strong Q1 Fiscal Year 2024 Financial Results and Business Expansion Plans
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
earnings
News
Datasea Announces September 2023 Revenue of $2.5 million from its 5G Messaging Business
Rhea-AI Summary
Datasea Inc. recorded revenue of RMB 17.8 million (US $2.5 million) in September 2023 from its 5G business segment, which is 12x greater than the revenue in September 2022. The CEO expects the strong performance to continue, citing major contracts signed in June 2023 as a potential driver for future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.64%
Tags
none
-
News
Datasea Reports Full Fiscal Year 2023 Financial Results, maintaining a continued focus on Intelligent Acoustics and 5G Messaging business
Rhea-AI Summary
Datasea Inc. announces financial results for full fiscal year 2023, with a decrease in net sales of 59% due to COVID-19 impact. The company plans international expansion with the establishment of a subsidiary in the US and aims to introduce cutting-edge acoustic solutions to the global market. They also highlight achievements in technology and R&D capabilities. 5G messaging solutions have been adopted by leading companies across various industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
earnings
-
News
Datasea Announces Closing of $2.0 Million Underwritten Public Offering
Rhea-AI Summary
Datasea Inc. closes underwritten public offering, raising $2.0 million with 5,000,000 shares of common stock at $0.40 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.67%
Tags
offering
News
Datasea Announces Pricing of $2.0 Million Underwritten Public Offering
Rhea-AI Summary
Datasea Inc. announces pricing of underwritten public offering of 5,000,000 shares of common stock at $0.40 per share, generating approximately $2.0 million in gross proceeds.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-51%
Tags
offering
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Datasea Inc

Nasdaq:DTSS

DTSS Rankings

#5156 Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

DTSS Stock Data

21.25M
1.30M
43.39%
5.45%
3.68%
Computer Storage Device Manufacturing
Manufacturing
Link
China (Mainland)
Beijing

About DTSS

datasea has an ad-hoc query and reporting engine that uses a simple, search-like interface. it finds data across multiple data sources and generates snapshot reports in one step, as easy as using google. datasea's technology works by discovering data relationships across both structured and unstructured data sources, from relational databases to spreadsheets to email and notes. it can also support natural language. we build custom components for software environments. datasea can be used in a wide variety of applications, from business software to healthcare to government intelligence. some markets we currently serve are crm/erp/bi applications, enterprise search, and custom development consultants.