Welcome to our dedicated page for Glimpse Group (The) news (Ticker: VRAR), a resource for investors and traders seeking the latest updates and insights on Glimpse Group (The) stock.
The Glimpse Group, Inc. (NASDAQ: VRAR) serves as a innovation hub in immersive technologies, and this news center provides investors with essential updates about its evolving ecosystem. Track official announcements ranging from strategic partnerships to technological breakthroughs in VR, AR, and spatial computing solutions.
This resource consolidates all material developments including earnings reports, product launches, and enterprise collaborations. Key focus areas include AI integration progress, digital twin deployments, and ecosystem expansion through subsidiary growth. Investors gain visibility into both financial performance and technological milestones shaping this emerging sector.
Content is organized for quick scanning while maintaining depth, with updates spanning operational developments, leadership changes, and market expansion efforts. Regular updates ensure stakeholders stay informed about the company's role in advancing immersive enterprise solutions across defense, education, and industrial sectors.
Bookmark this page for streamlined access to VRAR's verified announcements. Combine periodic checks with our email alert system (when available) to maintain real-time awareness of developments impacting your investment strategy in immersive technologies.
The Glimpse Group (NASDAQ: VRAR) reported its Q3 FY2025 financial results, with revenue of $1.4 million, marking a 25% decrease from Q3 FY2024. However, the company achieved its second consecutive quarter of positive cash flow, with net operating cash gain of $0.13 million. The company maintains a strong financial position with $7.0 million in cash and no debt.
For Q4 FY2025, Glimpse expects revenue of $3.2-3.8 million and profitability, driven by a major Department of Defense contract. The company projects FY2025 revenues of $10-11 million, representing a 15-25% increase from FY2024. Gross margins improved to 72% in Q3 FY2025, with future guidance of 65-75%. The company recently secured a new seven-figure Spatial Core deal and maintains a strong pipeline of government and DoD opportunities.
The Glimpse Group (NASDAQ:VRAR), a company specializing in enterprise-focused Virtual Reality, Augmented Reality, and Spatial Computing solutions, has scheduled its Q3 fiscal year 2025 earnings release for Thursday, May 15, 2025. The financial results, covering the period ended March 31, 2025, will be released before market open.
The company will host a conference call at 9:00 a.m. Eastern time to discuss the results and provide corporate updates, followed by a Q&A session. The call will be accessible via telephone and webcast, with playback available through May 15, 2026. A teleconference replay will be available until May 29, 2025.
The Glimpse Group (NASDAQ:VRAR) announced that its subsidiary Brightline Interactive has successfully delivered its first Brightline Immersive Simulator System to the U.S. Navy. The system, which incorporates spatial computing elements, is designed to provide advanced simulation capabilities for military training in realistic and immersive environments.
The simulator system bridges the gap between real and virtual worlds, offering cost-effective training solutions that could potentially be implemented on a larger scale across naval operations. This milestone represents a significant achievement in adapting immersive technologies to enhance military services' capabilities, effectiveness, and safety.
The Glimpse Group (NASDAQ:VRAR) reported strong Q2 FY2025 results with revenue reaching $3.17 million, marking a 52% increase from Q2 FY2024 and a 30% rise from Q1 FY2025. The company achieved its first-ever positive adjusted EBITDA of $0.28 million as a public company, compared to a -$1.33 million loss in Q2 FY2024.
Gross margin was 64%, slightly down from 68% in Q2 FY2024. The company expects Q3 FY2025 revenue to decline to $1.5-2 million with negative adjusted EBITDA, but projects a strong Q4 with revenue of $3.3-4.0 million. Full-year FY2025 revenue is expected to exceed $11 million, representing a 25%+ increase from FY2024.
The company's cash position stands at $8.5 million with $1.4 million in accounts receivable, bolstered by a $7.3 million equity financing in December 2024. Notably, VRAR regained Nasdaq compliance with the minimum bid price requirement.
Broadridge Financial Solutions (NYSE: BR) has extended its strategic global agreement with Upvest, a European investment infrastructure provider, to enhance end-to-end proxy voting and shareholder disclosure solutions. The partnership enables Upvest to streamline shareholder interactions and meet SRD II regulatory requirements.
Through this collaboration, Broadridge will provide Upvest with comprehensive solutions including meeting notification, vote execution, confirmation, and both digital and entry card services for online and in-person voting. Upvest will utilize Broadridge's white-labelled interface for proxy voting via its website.
The partnership also includes access to Broadridge's Shareholder Disclosure Hub, offering a proactive online reporting solution that enables clients to meet regulatory disclosure obligations through a single portal, improving operational efficiency and minimizing risk. This collaboration allows Upvest to extend its B2B services to meet growing client demands while providing retail investors with tools to exercise their shareholder rights.
The Glimpse Group (NASDAQ: VRAR), an Immersive technology platform company specializing in enterprise-focused Virtual Reality, Augmented Reality, and Spatial Computing solutions, has scheduled its Q2 fiscal year 2025 financial results announcement for Thursday, February 13, 2025, before market open.
The company will host a conference call at 9:00 a.m. Eastern time to discuss the results and provide a corporate update, followed by a Q&A session. The webcast playback will be available through February 13, 2026, while the teleconference replay will be accessible until February 27, 2025.
The Glimpse Group (NASDAQ: VRAR) announced that President & CEO Lyron Bentovim will be interviewed on Schwab Network's 'Trading 360 with Nicole Petallides' at the NYSE. The interview, scheduled for Wednesday, January 22, 2025, at 11:30am ET, will focus on Immersive Technology, Spatial Computing, AI, and Key Partnerships. The company, which provides enterprise-focused Virtual Reality, Augmented Reality, and Spatial Computing software and services, will have the interview available both live on www.schwabnetwork.com and for replay on schwabnetwork.com/shows/trading-360.
The Glimpse Group (NASDAQ:VRAR) announced an upcoming X Spaces discussion titled 'Winning In the Spatial Computing, AI and Cloud Immersive Segment'. The webinar, hosted by WOLF Financial, will take place on Tuesday, December 31, 2024, at 1:00pm EST. The discussion will be led by Glimpse's President & CEO Lyron Bentovim and Chief Futurist and General Manager of Brightline Interactive Tyler Gates. Glimpse is a diversified Immersive Technology platform company that provides enterprise-focused Virtual Reality, Augmented Reality, and Spatial Computing software and services.
The Glimpse Group (NASDAQ: VRAR), an Immersive Technology platform company specializing in enterprise VR, AR, and Spatial Computing solutions, has announced receiving written confirmation from Nasdaq that it has regained compliance with Listing Rule 5550(a)(2). This rule requires listed securities to maintain a minimum bid price of $1.00 per share.
The Glimpse Group (NASDAQ:VRAR) has announced the closing of a $7.29 million registered direct offering through the sale of 2.75 million shares of common stock and/or pre-funded warrants at $2.65 per share. The offering was made to one institutional investor, with Kingswood Capital Partners acting as the exclusive placement agent.
Following this financing, the company reports approximately $8.5 million in cash, expects profitable operations, and maintains a clean balance sheet with no corporate debt, convertible debt, or preferred equity. The offering is expected to close around December 24, 2024, subject to customary closing conditions. The company intends to use the proceeds to accelerate its Spatial Computing, AI, and Immersive capabilities and support customer contracts.
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