Datasea Inc. surged 10.26% intraday following a company statement reaffirming business stability and highlighting Q1 2026 results showing a 4.9x year-over-year gross profit increase to $1.17 million and an 8.46% margin, attributed to its shift toward high-margin technology solutions. The firm emphasized operational normalcy, no undisclosed material developments, and recent technological advancements in acoustic and brain–computer interface applications. CEO Zhixin Liu underscored confidence in sustainable growth and strategic measures to enhance market recognition of the company’s value. These updates, coupled with the company’s focus on innovation and global expansion, drove the intraday rally.
Comments
No comments yet