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Knightscope Reports FY 2024 Results

1. KSCP reported $10.8 million in revenue for FY 2024, down from $12.8 million. 2. The company highlighted operational milestones for growth in commercial and federal sectors.

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FAQ

Why Bearish?

The revenue decline indicates potential challenges in business performance. Historical trends show that consistent revenue decreases often lead to negative investor sentiment.

How important is it?

The decline in revenue is significant but accompanied by growth initiatives, impacting investor confidence.

Why Short Term?

Investors typically react swiftly to financial results. Immediate sentiment may affect stock price before long-term strategies take effect.

Related Companies

NDAQ:SPYNDAQ:TSLANDAQ:AAPL
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Knightscope, Inc. (NASDAQ: KSCP), a leading developer of autonomous security robots and AI-powered technologies, today announced financial results for the fiscal year ended December 31, 2024. The Company also outlined operational milestones that strengthen its position for long-term, scalable growth across both commercial and federal sectors. Fiscal Year 2024 Financial Highlights Revenue: $10.8 million vs. $12.8 million in 2023, impacted by ECD product li.

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