C-Com Satellite Systems (TSE:CMI) has released an update.
C-COM Satellite Systems Inc. reports a substantial uptick in its first quarter financials for 2024, showcasing a jump in revenue to $2.6 million and net income after taxes of $391,227—a marked improvement from the previous year. The company has sustained its quarterly dividend payout, marking 48 consecutive quarters of consistent shareholder returns. Amidst this growth, the company continues to focus on R&D, pushing forward with the development of advanced antenna systems slated for field testing by the end of the year.
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