The Glimpse Group Named to the 2024 Deloitte Technology Fast 500(TM) North America List
Rhea-AI Summary
The Glimpse Group (NASDAQ:VRAR) has been named to the 2024 Deloitte Technology Fast 500™ list, ranking 197th among North America's fastest-growing technology companies. The company, which provides enterprise-focused VR, AR, and Spatial Computing solutions, achieved approximately 590% revenue growth during fiscal years 2020-2023. This marks Glimpse's second consecutive year on the prestigious list, highlighting its strong position in the growing Immersive technology sector.
Positive
- Ranked 197th in Deloitte Technology Fast 500 list
- 590% revenue growth over FY2020-2023
- Second consecutive year on the Deloitte Fast 500 list
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- None.
News Market Reaction 1 Alert
On the day this news was published, VRAR gained 11.82%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK CITY, NY / ACCESSWIRE / November 22, 2024 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, today announced that it was selected to the 2024 Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America.
Glimpse was ranked as the 197th highest growth company. For the review period of Fiscal Year 2020-2023, Glimpse's revenues grew by approximately
Glimpse's President & CEO Lyron Bentovim commented: "This is the second year in row in which we have been included in the Deloitte Technology Fast 500 list. This is strong indicator of the Immersive industry's significant growth potential and our leading position in it."
About The Glimpse Group, Inc.
The Glimpse Group (NASDAQ:VRAR) is a diversified Immersive technology platform company, providing enterprise-focused Virtual Reality, Augmented Reality and Spatial Computing software & services. Glimpse's unique business model builds scale and a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into this emerging industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com
Safe Harbor Statement
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release may contain certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements, if provided, are based on information available to the Company as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements, if provided, include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "view," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts, if provided, are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, any forecasts, if provided, are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Company Contact:
Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
(917) 292-2685
maydan@theglimpsegroup.com
SOURCE: The Glimpse Group, Inc.
View the original press release on accesswire.com
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