Cloudastructure Sales Jump 267 Percent
Cloudastructure (NASDAQ:CSAI), a developer of AI-powered cloud-based video surveillance and remote guarding solutions, released results for the quarter on August 13, 2025. The most notable update was a sharp jump in revenue to $1.1 million (GAAP), up 267% year-over-year and well above the $0.75 million analyst estimate (GAAP). However, Despite beating revenue expectations, the company's GAAP net loss widened slightly compared to Q2 2024. Overall, the quarter featured significant operational growth paired with continued challenges in achieving profitability. Source: Analyst estimates for the quarter provided by FactSet. Cloudastructure provides cloud-native security solutions, combining artificial intelligence with human intervention. Its main products include cloud video surveillance, AI analytics, and remote guarding. These are marketed to property management firms, affordable housing providers, and commercial real estate owners.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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