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ProfitScout

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Re: ProfitScout post# 10365

Tuesday, 05/14/2024 4:29:39 PM

Tuesday, May 14, 2024 4:29:39 PM

Post# of 10375
Good financial results announced after the close today. CETX Management looks well positioned to grow the company's revenues to significantly higher levels from here.

Comments from Chairman and CEO, Saagar Govil in today's announcement:

“Looking ahead, strengthened by an improved balance sheet from our $10 million upsized underwritten public offering, of which a portion of the proceeds were used to pay off some of our indebtedness, we are well positioned to build on our momentum and remain focused on our goal to achieve positive operating income in fiscal year 2024 on a full year basis. We continue to explore acquisition opportunities that can enhance our market reach and service capabilities, and further drive growth in the months and years ahead,” concluded Govil.
Bullish
Bullish
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