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NamSys Inc. Reports Growth in Q1 2024

NamSys Inc. Reports Growth in Q1 2024

Namsys Inc. (TSE:CTZ) has released an update.

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NamSys Inc., a leader in cash processing technology, reported a 6% revenue increase and a 12% net income rise in its first quarter of fiscal 2024, indicating robust financial growth. Additionally, the company continued its share buyback program, purchasing and cancelling 120,300 common shares under the Normal Course Issuer Bid initiative. These results underscore NamSys Inc.’s commitment to growth and shareholder value.

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

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