Datasea Inc. (DTSS) Guides Q3 Revenue of $51.9M

Datasea Inc. (Nasdaq: DTSS) ("Datasea" or "the Company"), a Nevada-based digital technology company specializing in acoustics high-tech and 5G+AI multimodal digital innovations, today pre-announced its revenue for the third quarter of fiscal year 2025, ended March 31, 2025, which is expected to be approximately $51.9 million, representing an increase of approximately 164.6%, as compared to approximately $19.6 million for the same period in the previous year. The expected increase was primarily driven by sustained growth in the Company's 5G+AI multimodal digital business, continuing the trend of significant market penetration and adoption of Datasea's innovative technological solutions.

Ms. Zhixin Liu, CEO of Datasea, commented, "We are pleased to report yet another quarter of substantial growth, achieving a significant year-over-year revenue increase of over 164%. This success continues to validate our strategic focus on our 5G+AI multimodal solutions, which remain highly sought after by companies across various industries. We remain focused on achieving our projected annual revenue of $90 million and are confident in our ability to meet this ambitious goal."

"Our continued focus on technological innovation and market expansion has effectively driven substantial growth. We remain dedicated to enhancing our cost management and operational efficiencies while expanding the reach and capabilities of our core AI-driven technologies," Ms. Liu added.

Datasea continues to strategically position itself to leverage opportunities in both the acoustics high-tech and 5G+AI multimodal digital sectors, with the objective of driving long-term shareholder value.

You May Also Be Interested In

• Northland Upgrades Better Home & Finance Holding (BETR) to Outperform
• Goldman: 'Our top picks include XYZ, KLAR, AFRM, and CHYM'
• Baker Hughes wins LNG equipment contracts for Cheniere's Sabine Pass