kneat.com (TSE:KSI) 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
Kneat.com has reported impressive third-quarter 2024 financial results, with a 52% increase in revenue to $12.8 million and a 78% rise in gross profit to $9.8 million, signaling strong growth and profitability. The company’s Annual Recurring Revenue grew by 59% year-over-year, reaching $49.9 million, highlighting Kneat’s successful expansion in the market. These results showcase Kneat’s effective strategies in digitizing validation and quality processes and their strong market position.
For further insights into TSE:KSI stock, check out TipRanks’ Stock Analysis page.
