reports
- Sid Rajeev
Revenue & EPS Beat / Products Gaining Traction Quickly
Pixie Dust Technologies (NASDAQ: PXDT) reported a 41% year-over-year revenue increase for FY2024, reaching ¥993M ($6.3M), surpassing estimates by 10%. The growth was driven by higher sales of its flagship products, SonoRepro and kikippa. Despite the revenue gains, EBITDA and EPS remained negative, impacted by a 20% rise in G&A expenses due to increased marketing efforts. Pixie has commercialized six products in the last two years, including innovative solutions for hair growth, hearing assistanc...
- Sid Rajeev
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