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Optiva Inc. Weathers Financial Challenges with Key Upgrades

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Optiva Inc. Weathers Financial Challenges with Key Upgrades

Optiva Inc (TSE:OPT) has released an update.

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Optiva Inc. has released its Q2 2024 financial results, highlighting a revenue of $11.4 million and a gross margin of 56%, despite reporting an Adjusted EBITDA loss of $1.7 million and an EPS loss of $0.90. The company announced a major BSS upgrade for a top Mexican mobile operator and garnered recognition as a finalist in a prestigious telecom award, suggesting strong market presence and ongoing customer projects.

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

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