Kits Eyecare Ltd. (TSE:KITS) has released an update.
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KITS Eyecare Ltd. has announced a significant increase in their first quarter revenue for 2024, reaching a record $34.8 million, which is a 26% rise from the previous year. This marks the company’s sixth consecutive quarter of positive adjusted EBITDA, with over 1.35 million glasses tried on through their Virtual Try-On tool, reflecting strong customer engagement and product interest.
For further insights into TSE:KITS stock, check out TipRanks’ Stock Analysis page.
