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Stock impact report

Aeries Technology Reports Results for First Fiscal Quarter 2025

Aeries Technology, Inc. - Class A Ordinary Share (AERT) 
Company Research Source: GlobeNewswire
NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Aeries Technology (Nasdaq: AERT), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced financial results for the fiscal quarter ended June 30, 2024. “Our results for the quarter reflect the impact of investments in ongoing growth strategies which should yield long term benefits. While we expect the next few quarters to reflect the focus on our strategies, we are confident regarding the resultant business growth and the costs realigning to an optimum level required for sustaining a growth-oriented business. We are, in parallel, focused on accelerating our return to high profitability with a number of operational initiatives completed and underway that will achieve that goal,” said Sudhir Panikassery, CEO of Aeries Technology. Fiscal Quarter Ended June 30, 2024 (First Fiscal Quarter 2025) Financial Highlights Revenues: Revenues for the first fiscal quarter 2025 Show less Read more
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