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Stock impact report

Senstar Technologies Corporation Reports Fourth Quarter and Full Year 2023 Financial Results [Yahoo! Finance]

Senstar Technologies Corporation - Common Shares (SNT) 
Company Research Source: Yahoo! Finance
international provider of comprehensive physical, video and access control security products and solutions, today announced its financial results for the three and twelve months ended December 31, 2023 . Management will hold an investors' conference call later today (at 10 a.m. Eastern Time ) to discuss the results. Full Year 2023 Business Summary: (Full year 2023 results compared to the comparable twelve-month period of 2022, except as mentioned.) Revenue of $32.8 million with gross margin of 58% versus $35.6 million with gross margin of 61% Net loss of ($1.3) million versus net income of $3.8 million ; EBITDA loss of $(0.3) million compared with positive EBITDA of $2.9 million Ended 2023 with a cash balance of $14.8 million and no debt, on par with the cash balance as of December 31, 2022 , of $14.9 million Successful launch of MultiSensor™, a groundbreaking AI-based intrusion detection system Fourth Quarter 2023 Business Summary: Fourth quarter 2023 results compared Show less Read more
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