💨 Abstract

Raspberry Pi, a British computer company that recently went public, reported stronger-than-expected adjusted earnings of $20.9 million for the first half. The company sold 1.1 million units of its flagship Raspberry Pi5 and expects volumes to increase in the second half due to product launches. Despite a shift towards lower margin products, the company expects margins to remain steady for the year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖