Ispire Technology reported Q2 loss of $0.06 per share, exceeding revenue and profit expectations, while shares rose to $6.60.

Ispire Technology (NASDAQ: ISPR) reported a Q2 loss of $0.06 per share, surpassing analyst expectations by $0.04. Revenue reached $37.34 million, exceeding the $34 million estimate. The company has a negative return on equity of 34.23% and a net margin of -8.79%. Shares rose to $6.60, with a market cap of $372.25 million. Roth MKM maintained a "buy" rating, raising the price target from $11 to $12.50. Ispire focuses on e-cigarettes and cannabis vaping products.