+ Create post

Raspberry Pi more than doubles core profit as revenue rises 90%

Raspberry Pi ($RPI) reported first-half revenue of $256.9 million, up 90%, and adjusted EBITDA of $40.3 million, up 108%. Pre-tax profit reached $19.6 million. Board shipments increased 17% to 4.2 million, showing that the much faster revenue growth also reflected pricing and product economics, rather than a comparable surge in physical unit sales. Management said strategic memory purchases helped maintain supply while customers faced component shortages. The order backlog reached 2.6 million un

0
0