Company Announcements

Silynxcom Reports Over 100% Revenue Jump in Q1 2024

Silynxcom Ltd. (SYNX) has released an update.

Silynxcom Ltd., a developer and manufacturer of tactical communication devices, has announced a significant revenue surge of over 100% in Q1 2024, compared to the same period last year, reaching an estimated $3.525 million. The company attributes this growth to expanded marketing, an enlarged customer base, and innovative product launches amid rising global demand for tactical communication solutions. While these impressive preliminary figures are subject to final adjustments, they indicate a robust performance for the Israeli-based company.

For further insights into SYNX stock, check out TipRanks’ Stock Analysis page.

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