Raspberry Pi’s profit before tax fell 57 per cent over 2024 to just $16.3m (£12.6m) as issues with inventory correction finally hit the firm. The FTSE 250 tech firm’s adjusted operating profit dipped 15 per cent to $37.2m (£28.8m), it revealed in its annual results. Analysts had expected a fall in the firm’s profit, forecasting [...]
Full ArticleRaspberry Pi: Profit cut in half at FTSE 250 tech firm
City A.M.
0 shares
1 views
You might like
Related news coverage
Raspberry Pi shares rally despite profit drop in first annual results since IPO
Raspberry Pi shares soared as the tech firm posted its hotly-anticipated annual results – the first since its IPO last year. The..
City A.M.