tiprankstipranks
Trending News
More News >

CE Brands Inc. Reports Strong Growth and Reduced Losses

Story Highlights
CE Brands Inc. Reports Strong Growth and Reduced Losses

CE Brands, Inc. (TSE:CEBI) has released an update.

Confident Investing Starts Here:

CE Brands Inc. reported a significant revenue increase of 132% for the first six months of 2024, driven by strong B2B sales and the launch of new products like the Moto 120. The company also managed to reduce its net loss by 60% compared to the previous year, thanks to improved sales and lower operating expenses. These results signal positive momentum for CE Brands as they continue to expand their presence in the wearable market.

For further insights into TSE:CEBI stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1