This article only represents the author's own views.
Could the AI era finally return long-neglected real-time engagement technology company Agora Inc. (API.US) to some of its former glory? The jury is still out on that question, but the company’s latest financial results and executive comments on its earnings call certainly contain some encouraging signs.
The actual results are noteworthy for including a net profit – only the second quarter in the black for the company since 2021. The report also shows the company’s revenue grew year-on-year during the quarter, albeit by a very modest 0.8%. Still, that’s a big accomplishment for a company whose revenue has been steadily contracting over the last four years, after one of its major customer groups in China was hit by a major industry crackdown.