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The Glimpse Group Reports Q2 Fiscal Year 2025 Financial Results - 50% Increase in Revenue and Positive EBITDA, Positive Cash Flow & Positive Net Income

1. Glimpse reported a 52% revenue increase year-over-year in Q2 FY '25. 2. The company's revenue reached approximately $3.17 million, exceeding previous quarters.

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Why Bullish?

A 52% year-over-year revenue growth is significant and signals strong performance. Similar past revenue increases have positively influenced VRAR's stock price.

How important is it?

The article discusses key financials specific to Glimpse that can drive stock performance. Positive earnings are often directly correlated with stock price performance in the tech sector.

Why Short Term?

Immediate investor sentiment will likely improve following the earnings report. Recent examples show that strong quarterly results can lead to short-term gains in tech stocks.

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NEW YORK, NY / ACCESS Newswire / February 13, 2025 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified Immersive Technology platform company providing enterprise-focused Virtual Reality ("VR"), Augmented Reality ("AR") and Spatial Computing software and services, provided financial results for its second quarter fiscal year 2025 year, ended December 31, 2024 ("Q2 FY '25"). Business Commentary by President & CEO Lyron Bentovim Financial Summary: Q2 FY '25 revenue of approximately $3.17 million, reflecting: a) 52% increase compared to Q2 FY '24 (ending December 31, 2023) revenue of approximately $2.08 million, and b) 30% increase compared to Q1 FY '25 (ending September 30, 2024) revenue of approximately $2.44 million.

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