Raspberry Pi Stock Jumps 30% on Demand Surge

Raspberry Pi Holdings shares rose over 30% after half-year revenue jumped 90% to $256.9 million for the six months ending June 30. Adjusted EBITDA more than doubled to $40.3 million and profit before tax leapt 216% to $19.6 million. Unit shipments climbed 17% to 4.2 million, and the order backlog doubled to 2.6 million units.