Wednesday, May 22, 2024

Cambridge-based Raspberry Pi confirms plans for a London Stock Exchange IPO, aiming to raise $40M and listing in June, and reports $265.8M in 2023 revenue (Thyagaraju Adinarayan/Bloomberg)

Thyagaraju Adinarayan / Bloomberg:
Cambridge-based Raspberry Pi confirms plans for a London Stock Exchange IPO, aiming to raise $40M and listing in June, and reports $265.8M in 2023 revenue  —  - Set to sell $40 million in new shares and list on main market  — Arm and Lansdowne Partners are cornerstone investors in IPO



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Foxconn reports Q4 profit down 13% YoY to ~$1.41B, missing the ~$1.65B estimate, its first quarterly drop since Q2 2023, but forecasts strong Q1 2025 growth (Reuters)

Reuters : Foxconn reports Q4 profit down 13% YoY to ~$1.41B, missing the ~$1.65B estimate, its first quarterly drop since Q2 2023, but fo...