The latest announcement is out from Techpoint, Inc. JDR ( (JP:6697) ).
Techpoint, Inc. has revised its financial forecasts for 2024, predicting a slight revenue dip to $70.6 million, down by 2.3% from its initial guidance due to unexpected product demand. However, the company expects increased profits driven by higher gross margins and lower expenses. Techpoint plans to launch new products in 2025, aiming for additional revenue in 2026. Investors are advised to consider potential risks and uncertainties that could impact actual results.
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