Here's how investors are responding to these ASX tech stocks' results today

MotleyFool08-28

A couple of speculative ASX tech stocks have just released their results this morning. Unfortunately, these results are being received very differently, with one stock charging higher and the other ...

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Unfortunately, these results are being received very differently, with one stock charging higher and the other ...</p>\n\n<a href=\"https://www.fool.com.au/2024/08/28/heres-how-investors-are-responding-to-these-asx-tech-stocks-results-today/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's how investors are responding to these ASX tech stocks' results today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's how investors are responding to these ASX tech stocks' results today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-28 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/08/28/heres-how-investors-are-responding-to-these-asx-tech-stocks-results-today/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A couple of speculative ASX tech stocks have just released their results this morning. Unfortunately, these results are being received very differently, with one stock charging higher and the other ...</p>\n\n<a href=\"https://www.fool.com.au/2024/08/28/heres-how-investors-are-responding-to-these-asx-tech-stocks-results-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CCR.AU","symbol_name":"CREDIT CLEAR LTD","start_time":0,"source_url":"https://www.fool.com.au/2024/08/28/heres-how-investors-are-responding-to-these-asx-tech-stocks-results-today/","article_id":"2462430175","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2462430175","pubTimestamp":1724808730,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"A couple of speculative ASX tech stocks have just released their results this morning. Unfortunately, these results are being received very differently, with one stock charging higher and the other tu","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"CCR.AU":"CREDIT CLEAR LTD","BK7069":"半导体产品","WBT.AU":"WEEBIT NANO LTD","BK7098":"电脑硬件、储存设备及电脑周边","BK7016":"应用软件"},"translate_title":"以下是投资者对这些澳大利亚证券交易所科技股今天业绩的反应","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCR.AU":1,"WBT.AU":1},"content_text":"A couple of speculative ASX tech stocks have just released their results this morning. Unfortunately, these results are being received very differently, with one stock charging higher and the other tumbling into the red. Let's see what they have reported: Credit Clear Ltd (ASX: CCR) The Credit Clear share price is up almost 3.5% to 31 cents on Wednesday morning. It is a technology company that has developed a digital billing and communication platform that helps organisations drive smarter, faster, and more efficient financial outcomes. This is by changing the way customers manage their re-payments through a user experience that the market demands in a digital age. The ASX tech stock reported a 20% increase in revenue to a record of $42 million. This was driven by the company winning more wallet share from existing clients and the addition of new clients. Credit Clear's underlying EBITDA came in at $4.2 million, which is up materially from $200k a year earlier. The good news is that more growth is expected in FY 2025. Management is guiding to revenue of $48 million to $50 million and $7 million in underlying EBITDA. Credit Clear's CEO, Andrew Smith, said:  Record revenue and a controlled cost base have helped to achieve and exceed our Underlying EBITDA guidance provided to the market. Our growth during the year overcame the seasonality of the Q2 and Q3 quarters, and we have seen the expected uplift in the seasonally stronger Q4, with record revenue of $11.5m.  Weebit Nano Ltd (ASX: WBT) The Weebit Nano share price is down almost 3.5% to $2.01. It is a developer and licensor of advanced memory technologies for the global semiconductor industry. It released its full year results today. For the 12 months ended 30 June, the ASX tech stock achieved revenue of $1 million and a whopping loss after tax of $41.25 million. Management advised that this loss mainly reflects the research and development activities of the company, as well as marketing, business development, and administration costs. Despite its abject financial performance and competition with absolute titans, the company's chair, David Perlmutter, remains positive on its outlook. He said:  Despite our significant progress, FY24 has had its challenges. Factors beyond our control, such as missing IPs in SkyWater's foundry offering, have delayed licensing agreements with product companies wanting to manufacture at SkyWater, while complex technical evaluations and negotiations with more than a dozen leading foundries and Integrated Device Manufacturers (IDMs) have taken longer than expected to finalise. These short-term challenges have not dampened our confidence or outlook, and we continue to focus on closing agreements and targeting new licensing deals this calendar year. Each new foundry licensing agreement increases the urgency for other foundries to add ReRAM to their IP portfolios.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2462430175"}