Company Overview - The company, Agora, is a leading real-time audio and video communication technology provider founded in 2014 and headquartered in Shanghai, China [3] - Agora specializes in offering high-quality, low-latency real-time audio and video communication solutions for developers, widely used in online education, social entertainment, enterprise collaboration, live streaming, and gaming [3] - The core product is the real-time audio and video API, supporting cross-platform (iOS, Android, Web) functionalities such as audio and video calls, interactive live streaming, and real-time messaging [3] - Agora's cloud-based technology provides global coverage, low latency, and high stability, making it ideal for scenarios requiring high real-time performance [3] Financial and Market Data - The stock price of Agora is $5.06 as of December 3, 2024 [3] - The market capitalization stands at $466 million [3] - The company has 92.075 million shares outstanding [3] - The 52-week high and low prices are $6.49 and $1.654, respectively [3] Strategic Collaboration - Agora has partnered with OpenAI to integrate OpenAI's AI technology with Agora's real-time audio and video communication solutions [4] - The collaboration aims to enhance voice and video communication experiences, improve service quality, and explore new application scenarios [4] - A conversational AI SDK has been launched, allowing developers to incorporate AI-driven voice editing experiences into any application [4] - Both Agora and OpenAI will charge developers based on usage [4] Management Commitment - The company's management team, including CEO Zhao Bin, CTO Zhong Sheng, CFO Wang Jingbo, and COO Liu Bin, has voluntarily entered a lock-up period starting December 2, 2024, and ending December 31, 2025 [5] - This move demonstrates the management's confidence in the company's future development [5]

SANTA CLARA, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced the Company’s senior management team have voluntarily entered into a lock-up period commencing from today and expiring on December 31, 2025. For the purpose of expressing confidence in the long term value of the Company, Mr. Bin (Tony) Zhao, founder, chairman and CEO of the Company, Mr. Sheng (Shawn) Zhong, CTO and Chief Scientist of the C ...

Agora, Inc. (NASDAQ:API) Q3 2024 Results Conference Call November 25, 2024 8:00 PM ET Company Participants Tony Zhao - Founder, Chairman and CEO Jingbo Wang - CFO Conference Call Participants Daley Li - Bank of America Operator Good day, and thank you for standing by. Welcome to the Agora Inc. Third Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. The company's earnings results, press release, earnings presentation, SEC fili ...

Agora, Inc. Reports Third Quarter 2024 Financial Results SANTA CLARA, Calif., November 25, 2024 (GLOBE NEWSWIRE) – Agora, Inc. (NASDAQ: API) (the "Company"), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2024. "Recently, we launched our Conversational AI SDK in collaboration with OpenAI's Realtime API to allow developers to bring voice-driven AI experiences to any app. We believe multimodal AI agents that ca ...

SANTA CLARA, Calif., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2024. “Recently, we launched our Conversational AI SDK in collaboration with OpenAI’s Realtime API to allow developers to bring voice-driven AI experiences to any app. We believe multimodal AI agents that can interact with human through natural voice will gain widesp ...

SANTA CLARA, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Agora, Inc. (NASDAQ: API), a pioneer and leader in real-time engagement technology, will release its financial results for the third quarter ended September 30, 2024 after the close of U.S. markets on November 25, 2024. Agora, Inc. will host a conference call to discuss the financial results at 5 p.m. Pacific Time / 8 p.m. Eastern Time on the same day. Details for the conference call are as follows: Event title: Agora, Inc. 3Q 2024 Financial Results The ...

Investment Rating - The report maintains a "Recommend" rating for Agora (API NASDAQ) [2][6] Core Viewpoints - Agora has become a partner of OpenAI, providing low-latency capabilities for AI large model voice interaction through its integration with OpenAI's Realtime API [2][3] - The Realtime API enables AI to understand human emotions directly from voice inputs, bypassing the traditional speech-to-text and text-to-speech processes, which often lose emotional context and have higher latency [3] - Agora's Conversational AI SDK integrates OpenAI's Realtime API, offering developers low-latency, high-availability, and high-quality audio transmission services, along with features like echo cancellation and noise reduction [3] - The partnership highlights Agora's strong competitiveness in overseas markets, particularly in addressing network latency and last-mile network quality issues for AI voice interactions [4] Financial Projections - Revenue is projected to be $136 2 million in 2024 (yoy -3 8%), $147 7 million in 2025 (yoy +8 4%), and $165 9 million in 2026 (yoy +12 3%) [6] - Net income is expected to improve from -$32 6 million in 2024 to -$10 4 million in 2026, with Non-GAAP net income turning positive at $4 0 million in 2026 [6] - The price-to-sales (PS) ratio is forecasted to decline from 2 0 in 2024 to 1 6 in 2026, reflecting potential valuation improvements [8] Market Position and Competitive Landscape - Agora is positioned as a professional third-party RTC service provider, leveraging its Software-Defined Real-Time Network (SD-RTN) to offer low-latency, high-coverage, and high-availability services across 200+ countries and regions [4] - Compared to competitors like Twilio and LiveKit, Agora focuses on internet-based real-time audio communication, while Twilio primarily serves AI applications and telecom networks, and LiveKit offers open-source solutions requiring developer customization [4] Pricing and Usage - OpenAI charges $100 per 1 million audio input tokens and $200 per 1 million audio output tokens, translating to approximately $60 per 1,000 minutes for audio input and $240 per 1,000 minutes for audio output [4] - Agora charges $0 99 per 1,000 minutes, with no revenue sharing between Agora and OpenAI [4] - Due to the relatively high cost of Realtime API, its application is expected to be limited to high-value scenarios like customer service, education, and emotional companionship in the short term [4]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Agora, Inc. Sponsored ADR (API) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Agora, Inc. Sponsored ADR is one of 312 individual s ...

Shares of Agora (API, Financial) skyrocketed, registering an impressive increase of over 97% to $5.42. The trading volume exceeded 51.4 million shares.The surge follows the company's announcement of the official release of their aPaaS product, "Lingdong Meeting." This product leverages Real-Time Engagement (RTE) technology and generative AI capabilities to provide a low-code video conferencing platform. It features a multi-cloud, multi-platform design and offers an SFU+MCU hybrid architecture to support fle ...