https://wccftech.com/razer-losses-narrow-but-the-company-still-cant-quite-hit-profitability/

Razer (HKG:1337) reported its best half-year revenue as a listed company this week, with revenue hitting $357.2 million, up 30% from a year earlier.

While Razer still posted a loss, its loss has narrowed during the last year given the uptick in revenue. Razer also reported that its income streams are diversifying. Three years ago, the company sourced revenue almost solely from PC hardware sales, but now that’s changing. Per reports, the company sourced 85% of its revenue from hardware sales — down from 99% three years ago — and approximately 15% from services. Razer reported $303.7 million in hardware revenue for the first half of 2019, representing 26.2% growth YoY, while $35.7 million came from services, a growth of 110% YoY.