MLGO · Nasdaq · ·
$3.18+1.6%Sep 29 close
The quarter ending June 30, 2023, against the same quarter a year earlier.
| Measure | 3 months toJun 30, 2023 | 3 months toJun 30, 2022 | Change |
|---|---|---|---|
| Profit | -$4.8M | -$23.6K | -20,242.30% |
These are single quarters, not a trailing year — the figures elsewhere on this site cover twelve months and will be much larger. A seasonal business swings a long way between the two: ServiceNow earns $2.0B of free cash flow in its December quarter and $0.5B in its June one.
Compared against the same quarter a year earlier, not against an analyst forecast. A “beat” or “miss” needs a consensus estimate, which is licensed data we do not carry — and getting it wrong is worse than leaving it out.
MicroAlgo Inc. has no earnings call transcript available.
“We remain focused on the research and development and implementation of algorithmic solutions and Intelligent chips and services for our customers. Now with access to the resources of the public capital markets, we believe we are in an ever better position to enhance our offerings and further develop and implement our proprietary services.”
Quoted verbatim from the release, and shown only when the filing attributes it to a named person.
Releases land after the close or before the open, so the move is the session that follows.
MicroAlgo Inc. (the “MicroAlgo”), a Cayman Islands exempted company, is dedicated to the development and application of bespoke central processing algorithms. MicroAlgo provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of MicroAlgo’s services includes algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. MicroAlgo’s ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for MicroAlgo’s long-term development.
The company’s own description, as it appears at the foot of the release.
The quote and the company description come from MicroAlgo Inc.’s Item 2.02 8-K filed March 29, 2023; the table is built from its quarterly reports. Read the release on EDGAR Share prices are split- and dividend-adjusted.