MIND CTI (MNDO) has released an update.
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MIND CTI reported a slight decline in third-quarter 2024 revenues to $5.2 million, with net income dropping to $0.9 million due to increased costs. Despite this, the company secured a new win and several follow-on orders, maintaining a robust cash position of $15.5 million. MIND CTI continues to explore acquisitions while supporting digital transformation and 5G advancements.
For further insights into MNDO stock, check out TipRanks’ Stock Analysis page.
