NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: K
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Posted On: 11/30/2022 5:38:23 PM
NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Forecasts Accelerated Growth in Coming Year
Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”), has announced its projected revenue growth for the next 12 months. The company has seen accelerated year-over-year growth, and with the increased interest as well as impressive upswing in signed contracts, Knightscope anticipates tripling annualized revenue. In addition, the company released the first in a series of videos. Titled “Rise of the Robots,” the series is designed to share key company updates with KSCP investors and its tens of thousands of followers.
“We’ll be filing the 8-K for the combined entity at the end of the year,” said Knightscope chair and CEO William Santana Li in the press release. “We expect that the two units together will likely be running at a revenue run rate in the range of $12 million to $14 million, delivering on the accelerated growth by a significant margin versus the $3.4 million from 2021. The rise of the robots is happening.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”), has announced its projected revenue growth for the next 12 months. The company has seen accelerated year-over-year growth, and with the increased interest as well as impressive upswing in signed contracts, Knightscope anticipates tripling annualized revenue. In addition, the company released the first in a series of videos. Titled “Rise of the Robots,” the series is designed to share key company updates with KSCP investors and its tens of thousands of followers.
“We’ll be filing the 8-K for the combined entity at the end of the year,” said Knightscope chair and CEO William Santana Li in the press release. “We expect that the two units together will likely be running at a revenue run rate in the range of $12 million to $14 million, delivering on the accelerated growth by a significant margin versus the $3.4 million from 2021. The rise of the robots is happening.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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