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Pason Systems Q2 Results Show Revenue Growth and Dividend Hike

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Pason Systems Q2 Results Show Revenue Growth and Dividend Hike

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

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Pason Systems Inc. has reported a mixed financial performance for the second quarter of 2024, with a total revenue increase of 13% alongside decreases in net income and EBITDA. Despite the dip in profitability, the company has declared an 8% increase in its quarterly dividend. Key growth areas noted include the solar and energy storage sectors, marking a substantial year-over-year revenue growth.

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

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