🟢 Raspberry Pi is trading 13.25% up today after record first-half revenue and stronger EBITDA outlook

Raspberry Pi is trading 13.25% higher at $9.40 after reporting record first-half revenue of $256.9 million, up 90%.

• Pretax profit was $19.6 million, more than triple the prior year; adjusted EBITDA more than doubled to $40.3 million.
• Shipments rose 17% to 4.2 million units. Management expects full-year EBITDA to exceed market expectations, citing strong demand, a doubled order backlog and higher second-half volumes.
• Company results explain the sharp gain despite broader U.S. market weakness.