Xiao I released FY2024 annual earnings on May 15 (EST), actual revenue USD 70.31 M (forecast USD 71.26 M), actual EPS USD -33.7857 (forecast USD -95.4)

Brief Summary

Xiao I reported 2024 fiscal year revenue of $70.31 million and an EPS of -$33.79, missing revenue estimates while significantly beating EPS expectations despite a net loss of $14.5 million.

Impact of The News

1. Financial Performance vs. Market Expectations