Business
Datasea Pre-Announces Estimated Third Quarter Revenue of approximately $51.9 Million, up approximately 164.6% Year-over-Year
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 d
About this update from Datasea Intelligent Technology Ltd.
[{"type":"text","content":"Expects to Achieve Projected Annual Revenue of $90 Million","length":58,"tagName":"p","attribs":{}},{"type":"text","content":"BEIJING, May 8, 2025 /PRNewswire/ -- 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.","length":759,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Datasea Inc.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Datasea Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":310,"height":74,"url":"https://media.zenfs.com/en/prnewswire.com/d7a4c0ff759fe25fe962c39999640e5a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/CD9GdbAL5TW3.nwdVj4IlA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwMDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/d7a4c0ff759fe25fe962c39999640e5a","width":310,"height":74}},"href":"https://mma.prnewswire.com/media/2163747/image_5029097_24577115_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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."","length":497,"tagName":"p"},{"type":"text","content":""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 capab...