Spectra (TSE:SSA) has released an update.
Spectra Products Inc. has reported its financial results for Q2 2024, indicating maintained operational profitability with over $1.2 million in cash reserves, despite a decline in revenues to $872,887 from $1,188,669 in the same period last year. The company’s net income before taxes fell to $104,869 from $270,109 year-over-year, but remained profitable through cost-cutting measures and aims to improve with new accounts in the latter half of the year.
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