Afternoon trading October 28, page-49

  1. 32,553 Posts.
    OK. Back to bag BRN some more. When you see this kinda guff from 'first to market, world wide leader with minimal sales" be very afraid. lol

    BRN. "We are seeing the greatest amount of sales activity and engagement in the Company’s history. However, the current global technology market has created economic dynamics that have extended evaluations, decreased budgets, and delayed introduction of new technology. These conditions have created a headwind for our prospective and current customers. We anticipate these conditions to eventually calm. We remain positive on future market penetration and broad adoption of Brainchip’s technology."

    "BrainChip reported net operating cash outflows of US$3.8M vs.US$2.8M in Q2-22. Receipts from customers for the quarter were US$0.1M, a decrease of US$1.1M from Q2-22."




 
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