Taoping (TAOP) said Monday that its total contract revenue value rose 30% in July from a year earlier to about 27.4 million Chinese renminbi ($3.8 million).
The technology company attributed the increase to strong demand for its artificial intelligence-based products.
Taoping shares were nearly 9% higher in premarket activity.
Price: 0.5800, Change: +0.07, Percent Change: +14.83
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