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Lobo Technologies shares surge 60.38% to 85 cents on revenue growth

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  • Lobo Technologies reported higher first-half revenue from vehicle sales and a new AI services business.
  • Revenue reached $14.6 million, up 20.6% year over year in fiscal 2026.
  • Operating expenses fell 17.9% while gross margin declined from 16.1% to 13.2%.
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Lobo Technologies shares surge 60.38% to 85 cents on revenue growth - CoinPost Terminal