Welcome to our dedicated page for VS Media Holdings news (Ticker: $VSME), a resource for investors and traders seeking the latest updates and insights on VS Media Holdings stock.
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 VS Media Holdings'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 VS Media Holdings's position in the market.
VS Media Holdings (NASDAQ: VSME) announced its fiscal year 2023 financial results, reporting a full-year revenue of $7.99 million. Campaign-based marketing services revenue grew by 12.7% year-over-year to $4.40 million, with Hong Kong SAR revenue growing by 105.7% to $2.16 million. The company expects a 20% revenue increase in FY24, driven by cross-regional brand partnerships, AI-enabled digital content, and a recovery in social commerce. VS Media also introduced a share repurchase program authorizing the purchase of up to 500,000 Class A Ordinary Shares.
