PropertyGuru Group reported lower Q1 FY24 results with revenue of S$36.5M, missing consensus. Adjusted EBITDA rose to S$4M and EPS loss of S$(0.04). Outlook: revenue of S$165M-S$180M and adjusted EBITDA of S$22M-S$26M.
Shares of U Power Limited (NASDAQ: UCAR) shares moved lower during Monday’s session after the company announced pricing of registered follow-on offering of 10 million units at a purchase price of $1.20 per unit.