StockNews.AI
KSCP
StockNews.AI
141 days

Knightscope Reports FY 2024 Results

1. Knightscope's revenue declined to $10.8M in FY 2024 from $12.8M in FY 2023. 2. Operational milestones support Knightscope's potential for long-term growth in security market.

-2.48%Current Return
VS
+0.32%S&P 500
$2.8203/31 04:56 PM EDTEvent Start

$2.7504/01 11:17 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bearish?

The revenue drop indicates underlying weaknesses, which could diminish investor confidence, similar to historical revenue declines in tech firms affecting stock prices negatively.

How important is it?

The revenue decrease is critical for KSCP as it directly impacts market perceptions and future growth potential.

Why Short Term?

Immediate market reactions may occur due to revenue news, similar to past earnings reports leading to short-term price adjustments.

Related Companies

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.

Related News