The Glimpse Group, Inc. Provides Revenue Guidance for the Fourth Quarter and Full Year Ended June 30, 2022
July 19, 2022 at 08:46 am
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The Glimpse Group, Inc. provided revenue guidance for the fourth quarter and full year ended June 30, 2022. The company expects total revenues for Fourth Quarter Fiscal Year 2022 of approximately $2.4 million to $2.5 million, representing a significant year-over-year increase of approximately 2.5X, compared to revenues of approximately $0.99 million in Fourth Quarter Fiscal Year 2021 and approximately 1.2X increase compared to Third Quarter Fiscal Year ‘22 revenues.
The company expects total revenues for Fiscal Year 2022 of approximately $7.15 million to 7.25 million, representing a significant year-over-year increase of approximately 2.1X compared to revenues of approximately $3.42 million in Fiscal Year 2021.
The Glimpse Group, Inc. is a diversified immersive technology platform company engaged in providing enterprise-focused virtual reality (VR), augmented reality (AR) and spatial computing software and services. Its platform of immersive technology subsidiary companies, collaborative environment and diversified business model focuses on simplifying the challenges faced by companies in the emerging immersive technology industry. It develops, commercializes, and markets immersive technology software products, solutions, and intellectual property (IP). Its platform is comprised of various wholly owned subsidiary companies, each targeting different industry segments, including corporate training, education, healthcare, government and defense, branding/marketing/advertising, retail, financial services, food and hospitality, media and entertainment, architecture/engineering/construction (AEC), corporate events and presentations, beauty and cosmetics, and social VR support groups and therapy.
THE GLIMPSE GROUP, INC. 
