EQ (EQ) (TSE:EQ) 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
EQ Inc. has reported a profitable fourth quarter for 2023, with a notable 19% increase in quarterly revenue and improvement in gross margin to 49%. The company’s strategic shift to focus on high-margin data and AI-driven solutions has led to a positive Adjusted EBITDA, marking its best performance in nearly ten years. These results reflect EQ Inc.’s commitment to profitability and investment in proprietary technology, setting a strong foundation for expected growth in the forthcoming year.
For further insights into TSE:EQ stock, check out TipRanks’ Stock Analysis page.
