MicroAlgo Inc. (MLGO)

NASDAQ: MLGO · IEX Real-Time Price · USD
2.670
+0.290 (12.18%)
At close: Jul 19, 2024, 4:00 PM
2.860
+0.190 (7.12%)
After-hours: Jul 19, 2024, 7:59 PM EDT
12.18%
Market Cap 20.33M
Revenue (ttm) 580.02M
Net Income (ttm) -268.21M
Shares Out 7.61M
EPS (ttm) -58.79
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 14,081,402
Open 2.230
Previous Close 2.380
Day's Range 2.170 - 2.950
52-Week Range 1.560 - 156.000
Beta 3.19
Analysts n/a
Price Target n/a
Earnings Date Aug 7, 2024

About MLGO

MicroAlgo Inc. develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China, Hong Kong, and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also provides advertisi... [Read more]

Sector Technology
Founded 2018
Employees 86
Stock Exchange NASDAQ
Ticker Symbol MLGO
Full Company Profile

Financial Performance

In 2023, MicroAlgo's revenue was $580.02 million, a decrease of -1.03% compared to the previous year's $586.06 million. Losses were -$268.21 million, 472.6% more than in 2022.

Financial Statements

News

MicroAlgo stock soared 500% on Tuesday: what happened?

MicroAlgo Inc (NASDAQ: MLGO) soared an eye-popping 500% today after announcing a new agreement with WiMi Hologram Cloud Inc (NASDAQ: WIMI). Details of MicroAlgo-WiMi collaboration The bespoke central ...

6 weeks ago - Invezz

MicroAlgo Inc. (NASDAQ: MLGO) Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With WIMI (NASDAQ: WIMI)

BEIJING , June 4, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that MicroAlgo and WiMi will jointly establish a micro-consciousness quantum resear...

Other symbols: WIMI
6 weeks ago - PRNewsWire

WIMI Announced to Jointly Establish a Micro-Consciousness Quantum Research Center With MicroAlgo

BEIJING , June 4, 2024 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that W...

Other symbols: WIMI
6 weeks ago - PRNewsWire

MicroAlgo stock opened 60% up on Monday: what happened?

MicroAlgo (NASDAQ: MLGO) opened a whopping 60% up on Monday after announcing a “deep clustering algorithm based on multi-level feature fusion”. MicroAlgo stock still down materially year-to-date The n...

4 months ago - Invezz

MicroAlgo Inc. Announced a Deep Clustering Algorithm Based on Multi-level Feature Fusion

BEIJING , March 25, 2024 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that it developed a deep clustering algorithm based on multi-level feature fusion...

4 months ago - PRNewsWire

MicroAlgo Inc. Announced Bitcoin Trading Prediction Algorithm Based on Machine Learning and Technical Indicators

BEIJING , Dec. 26, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced a Bitcoin trading prediction algorithm based on machine learning and technical ind...

7 months ago - PRNewsWire

MicroAlgo Inc. announced plans to establish a practice base to train graduate students for the university

BEIJING , Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Researc...

8 months ago - PRNewsWire

MicroAlgo Inc. Announced That Its Company Will Establish A Postgraduate Training Practice Base

BEIJING , Dec. 6, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that its Chinese companies, Shenzhen University Semiconductor Manufacturing Researc...

8 months ago - PRNewsWire

MicroAlgo Inc. Announced Knowledge-enhanced Backtracking Search Algorithm

BEIJING , Sept. 22, 2023 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO) (the "Company" or "MicroAlgo"), today announced that a knowledge-enhanced backtracking search algorithm was developed, while the ...

10 months ago - PRNewsWire

MicroAlgo Inc. Announces Enters Securities Purchase Agreement for up to US$3.2 Million

NEW YORK , Jan. 13, 2023 /PRNewswire/ -- MicroAlgo Inc. (the "Company" or "MicroAlgo") (NASDAQ: MLGO) today announced that it has entered into a definitive agreement for the issuance and sale of 2,666...

1 year ago - PRNewsWire

WiMi Announces Its Subsidiary MicroAlgo (MLGO.US) To Be Listed On NASDAQ Valued At $400 Million

BEIJING , Dec. 13, 2022 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that ...

Other symbols: WIMI
1 year ago - PRNewsWire