How does CLPS's latest earnings surprise compare to past quarters?
4/11/2025 02:36pm
CLPS's latest earnings report for the fiscal quarter ending June 30, 2025, shows a significant improvement over the previous quarter's performance. The company reported a revenue of $82.8 million for the first half of fiscal year 2025, marking a 15.3% increase from the same period in the previous year. Additionally, the company turned a net income of $0.2 million, which is a notable turnaround from the net loss reported in the previous year's same period. This improvement can be attributed to CLPS's strategic focus on global expansion and industry diversification, coupled with investments in proprietary product development.