NTG Clarity Networks (TSE:NCI) has released an update.
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NTG Clarity Networks Inc. has reported a staggering 96% increase in revenue, reaching $12.488M in Q2 2024, setting their seventh consecutive quarterly record. The company also announced a significant profit of $2.44M for the same period, which is a 250% increase from the previous year and exceeds the total fiscal profit of 2023. Furthermore, NTG Clarity has demonstrated strong financial health with positive working capital and shareholder’s equity, a decrease in long-term debt, and consistent net income margins.
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