Pason Systems Announces Mixed 2023 Results
Company Announcements

Pason Systems Announces Mixed 2023 Results

Pason Systems (TSE:PSI) has released an update.

Pason Systems Inc. has released its financial results for the fourth quarter of 2023, revealing a slight 1% dip in total revenue compared to the previous year, but an overall 10% revenue growth for the year. Despite a significant decrease in EBITDA and net income for the quarter, the company is showing positive signs with a 33% hike in its quarterly dividend and robust growth in its Solar and Energy Storage Revenue, which soared by 118% annually.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskPason Systems Welcomes New Director, Bids Farewell to Veteran
TipRanks Canadian Auto-Generated NewsdeskPason Systems Q2 Results Show Revenue Growth and Dividend Hike
Brian AndersonPSI Earnings this Week: How Will it Perform?
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