zSpace reports Q2 results

Published 2 months ago Negative
zSpace reports Q2 results
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* zSpace press release [https://seekingalpha.com/pr/20201920-zspace-reports-second-quarter-2025-financial-results] (NASDAQ:ZSPC [https://seekingalpha.com/symbol/ZSPC]): Q2 net loss of ($6.1) million vs. ($4.7) million.
* Revenue of $7.46M (-0.5% Y/Y).
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Annualized Contract Value (“ACV”) of renewable software at June 30, 2025, was $10.9 million, representing a 11% increase compared to a year ago.

Net Dollar Revenue Retention at June 30, 2025, was 131% for customers with over $50,000 of ACV, compared with the same customers as of June 30, 2024.

Bookings in the second quarter of 2025 were $7.2 million, down 54% year-over-year. Excluding China, U.S. and rest-of-world, bookings were $7.2 million, down 54% year-over-year.

MORE ON ZSPACE

* Historical earnings data for zSpace [https://seekingalpha.com/symbol/ZSPC/earnings]
* Financial information for zSpace [https://seekingalpha.com/symbol/ZSPC/income-statement]