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An update from Steer Technologies ( (TSE:ARGH) ) is now available.
Argo Corporation reported its second-quarter 2025 financial results, highlighting the deployment of its Smart Routing™ system, which integrates AI-powered software and electric vehicles to provide dynamic transit services. The company successfully launched this system in Bradford West Gwillimbury, Ontario, doubling transit ridership and replacing the legacy bus system. Argo also secured a significant $10.9 million contract with the City of Brampton, further expanding its market presence. Despite these operational advancements, the company reported a net loss for the quarter, reflecting increased operating expenses and strategic investments.
More about Steer Technologies
Argo Corporation is a leader in next-generation transit solutions, delivering the first-ever vertically and publicly integrated city transit system. The company focuses on augmenting public transportation through a network of intelligently routed vehicles that adapt to the needs of entire cities, enhancing mobility for users.
Average Trading Volume: 76,302
Technical Sentiment Signal: Buy
Current Market Cap: C$110.7M
Learn more about ARGH stock on TipRanks’ Stock Analysis page.