Inventronics Ltd (TSE:IVX) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Inventronics Ltd, a North American manufacturer of enclosures for various industries, has reported a significant drop in Q1 2024 earnings, with net revenue decreasing to $1.43 million from $3.33 million in the same period last year. The reported earnings per share also fell to 0.2 cents from 6.7 cents. Despite this decline, the company has seen a renewed demand for its enclosures after a sluggish Q4 in 2023.
For further insights into TSE:IVX stock, check out TipRanks’ Stock Analysis page.