HUHUTECH FY26 H1 net loss widens to $16.65 million; revenue rises 8.6% to $10.67 million
Bitget2026/09/23 10:03- HUHUTECH posted first-half revenue of $10.67 million, up 8.6% year over year.
- Net loss widened to $16.65 million, or $0.68 per share, from $8.73 million, or $0.38 per share.
- General and administrative expense climbed 88.1% to $19.44 million, on higher share-based compensation and credit-loss provisions.
- Revenue from the U.S., Germany and Singapore totaled $3.69 million, compared with no revenue a year earlier.
- CEO Yujun Xiao said five countries contributed revenue, and average system integration contract price rose to $86,719 from $42,727.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pre-orders for GTA 6 are booming and may reverse the downward trend! Citigroup raises Take-Two Interactive Software (TTWO.US) target to $270
Citigroup maintains a "Buy" rating on Take-Two Interactive Software, with a target price of $270.
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data

Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.