Cematrix (TSE:CEMX) has released an update.
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CEMATRIX Corporation reported a solid second quarter for 2024 with a revenue increase of 3% from the previous year and an 11% rise on a year-to-date basis, alongside a significant $1.6 million growth in adjusted EBITDA. The company credits its success to higher sales, improved margins, and robust field execution. Optimism remains high for the remainder of the year as the company continues to secure new contracts and has strengthened its balance sheet through recent financial initiatives.
For further insights into TSE:CEMX stock, check out TipRanks’ Stock Analysis page.
