Senstar Technologies (SNT) has released an update.
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Senstar Technologies Corporation showcased a robust first quarter for 2024, with a 17% revenue increase to $7.5 million and a significant reduction in net loss to $0.7 million, compared to a $1.9 million net loss in 2023. The company has also completed a strategic redomiciliation to Canada, enhancing the corporate structure and is preparing to launch MultiSensor, a new AI-based intrusion detection system, in the fall.
For further insights into SNT stock, check out TipRanks’ Stock Analysis page.