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Stock impact report

Senstar Technologies Corporation

Senstar Technologies Corporation - Common Shares (SNT) 
Company Research Source: PR Newswire
Reports Second Quarter 2024 Financial Results  Business momentum remains strong; Senstar MultiSensor fully launched for saleContinued focus on optimizing working capital and delivering positive cash from operationsOTTAWA, ON, Aug. 26, 2024 /PRNewswire/ -- Senstar Technologies Corporation (NASDAQ: SNT), a leading international provider of comprehensive physical, video and access control security products and solutions, today announced its financial results for the three and six months ended June 30, 2024. Management will hold an investors' conference call later today (at 5 p.m. Eastern Time) to discuss the results.  Second Quarter 2024 Summary: (Results for the three months ended June 30, 2024 compared to the three-months ended June 30, 2023.)Revenue of $8.3 million with gross margin of 63.2% versus revenue of $8.4 million with gross margin of 60.7%Operating expenses declined by 9.1% to $4.6 million versus $5.0 million in 2023Net income of $493,000 versus $275,000EBITDA of $846,000 ver Show less Read more
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