Taoping Reports Record 78% Year-Over-Year Contract Revenue Growth for January

February 7, 2024

https://www.prnewswire.com/news-releases/taoping-reports-record-78-year-over-year-contract-revenue-growth-for-january-302055521.html

SHENZHEN, China, Feb. 7, 2024 /PRNewswire/ — Taoping Inc. (Nasdaq: TAOP, the “Company”), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported 78% year-over-year growth in contract revenue for the month of January 2024. With a total value of RMB 25.8 million (approximately USD $3.6 million), the record monthly contract revenue level was driven by demand for the Company’s recently launched AI-related products and its innovative new off-grid wastewater treatment solution.

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