Cematrix Corp (TSE:CVX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
CEMATRIX Corporation has reported a record-breaking fourth quarter with a 136% increase in revenue to $19.6 million and a notable full-year adjusted EBITDA of $4.9 million, signaling a strong financial performance. The company’s success is attributed to increased market acceptance of its cellular concrete products, a dedicated sales team’s efforts, and an impressive backlog of $94.9 million, positioning CEMATRIX for an optimistic 2024.
For further insights into TSE:CVX stock, check out TipRanks’ Stock Analysis page.
