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 announced signing $6.7 million in new and amended contracts, pushing its total for the fiscal year 2024 to $12.9 million, and achieving a substantial backlog of approximately $100 million. The company, known for its advanced cellular concrete products, credits the growth to a mix of repeat and new business, highlighting a couple of significant projects in the Eastern and Midwest U.S. This growth continues the company’s positive momentum from a record revenue year in 2023.
For further insights into TSE:CVX stock, check out TipRanks’ Stock Analysis page.
