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Audinate Reports 38% Revenue Drop Amid Inventory Glut, Posts $2.2M Loss
8:26am on Monday 17th of February, 2025 AEDT
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Technology
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Audinate Reports 38% Revenue Drop Amid Inventory Glut, Posts $2.2M Loss
8:26am on Monday 17th of February, 2025 AEDT
Key Points
Revenue down 38.4% to $28.7 million
EBITDA plunges 91.5% to $0.8 million
Net loss of $2.2 million versus prior profit
OEMs developing and shipping more Dante products
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Audinate (ASX:AD8)
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