MicroAlgo Reports 2022 Revenue of $87.1 Million, Up $5.1 Million From Prior Year
MicroAlgo Inc. (Nasdaq: MLGO) reported revenue of $87.1 million for the year ended December 31, 2022, an increase of $5.1 million from the previous year. The company said the increase was mainly due to greater implementation of its algorithmic services for network video customers. The filing does not report profit or earnings per share for the year.
- Revenue for the year ended December 31, 2022 was $87.1 million, up $5.1 million from the previous year.
- The company attributed the increase primarily to increased implementation of algorithmic services for network video customers.
- The company filed its annual report on Form 10-K with the SEC and announced it in a press release dated March 29, 2023.