ATIF Releases 1st Quarter Financial Report, Achieving First-time Profit in US Business.

LAKE FOREST, Calif: ATIF Holdings Limited (NASDAQ: ATIF), hereafter referred to as "the Company" or "ATIF," is pleased to announce its first-quarter financial report, which showed growth in the first quarter. As the pandemic subsides, our net revenue has significantly increased to $0.8 million in the second quarter of this year (November 1, 2022, to January 31, 2023) from a net loss of $1.3 million for the same period last year (November 1, 2021, to January 31, 2022).

Our success is largely due to our strategic transformation, as we have gradually shifted our main business to the North American region, with the US market becoming our primary service market. As...