Datasea Inc. (NASDAQ: DTSS) surged 13.67% in after-hours trading following a company statement addressing recent volatility and highlighting strong Q1 2026 financial results. The firm reported a 4.9-fold year-over-year increase in gross profit to $1.17 million, with a gross margin of 8.46%, attributed to its shift toward high-margin, technology-driven solutions. Management emphasized normal operations, no undisclosed material events, and recent technological breakthroughs in acoustic technologies and brain–computer interface applications. CEO Zhixin Liu reiterated confidence in the company’s long-term growth trajectory, including strategic initiatives to enhance market recognition of its value. The stock’s rally aligns with the firm’s focus on margin improvement, innovation, and global expansion, particularly through its U.S. subsidiary, Datasea Acoustics LLC.
Comments
No comments yet