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Taoping Reports April Contract Revenue Of $2.9M, Up 25% YoY

Benzinga ·  May 15 20:31

Taoping Inc. (NASDAQ:TAOP, the ", Company", ))))), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of RMB 20.8 million (approximately USD $2.9 million) for the month of April 2024, representing an increase of 25% compared to the month of April 2023.

The Company highlighted that its impressive growth was driven by its commitment to innovation, as evident by the increased demand for its wide array of AI-based products, including its Smart City solutions.

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