Armlogi Holding Corp. common stock
BTOCArmlogi Holding Corp. is a company involved in the technology and manufacturing sectors, focusing on developing and providing innovative solutions in automation and robotics. The company aims to leverage advanced technologies to enhance industrial efficiency and productivity.
Company News
Armlogi reported a challenging fiscal year with 14% revenue growth but significant operational challenges, including increased costs and a net loss of $15.3 million, driven by expanded warehouse facilities and rising freight expenses.
Armlogi Holding Corp saw its shares surge 35.14% in pre-market trading ahead of its fiscal year 2025 earnings report, despite being down 73.25% year-to-date.
Armlogi Holding Corp. announced a $50 million Standby Equity Purchase Agreement and $21 million in convertible promissory notes to fund working capital and general corporate purposes.
Armlogi Holding Corp., a U.S.-based warehousing and logistics service provider, announced that it will release its fiscal year 2024 financial results on September 26th and hold an earnings conference call to discuss the results and provide an overview of the company's operations.
Conference Call and Webcast on Thursday, June 13 at 1:30 PM Pacific Time Conference Call and Webcast on Thursday, June 13 at 1:30 PM Pacific Time
