Cybeats Technologies Corp. (TSE:CYBT) has released an update.
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Cybeats Technologies Corp. reports a staggering 693% revenue increase year-over-year and a 121% rise in Q1 2024 revenue, highlighting the company’s robust growth and strong market presence in cybersecurity. This impressive financial performance is attributed to new contracts and high pilot-to-commercial conversion rates, with the company’s solutions gaining traction due to a rising need for enhanced software supply chain security.
For further insights into TSE:CYBT stock, check out TipRanks’ Stock Analysis page.