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Excite Technology Services Achieves Record Quarterly Growth and Expands Capabilities

Story Highlights
  • Excite Technology Services reported record quarterly customer receipts of $6.30 million.
  • The company secured major contracts and completed the NANGU Tactical Centre, enhancing growth prospects.
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Excite Technology Services Achieves Record Quarterly Growth and Expands Capabilities

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Excite Technology Services ( (AU:EXT) ) has provided an announcement.

Excite Technology Services Limited reported its highest-ever quarterly customer receipts of $6.30 million, marking a 15% increase from the previous quarter and a nearly 300% rise from the same period last year. The company secured significant contracts, including a $676,000 deal with a Federal Government agency, and completed the construction of the NANGU Tactical Centre. These developments, along with a successful $3.0 million share placement, position Excite for continued growth in its core business areas, enhancing its market presence and operational capabilities.

More about Excite Technology Services

Excite Technology Services Limited operates in the cyber security, IT services, and digital forensics and training industries. The company focuses on providing comprehensive solutions across these sectors, with a strong emphasis on building Australia’s leading capability in cyber and digital forensics.

Average Trading Volume: 1,746,670

Technical Sentiment Signal: Sell

Current Market Cap: A$19.36M

For detailed information about EXT stock, go to TipRanks’ Stock Analysis page.

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