SEALSQ announces preliminary financial metrics for H1 2024 (NASDAQ:LAES)

  • SEALSQ Corp (NASDAQ:LAES) said it anticipates a stronger H2 2024 and a return to growth in 2025.
  • As of June 30, 2024, the company’s new business pipeline stood at $71 million, with a strong cash position of $19 million.
  • Preliminary unaudited revenue of $5 million for H1 2024 is reflective of the expected slowdown in traditional semiconductor demand.
  • Source: Press Release