Pluribus Technologies Corp (TSE:PLRB) has released an update.
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Pluribus Technologies Corp. reported a slight increase in Q2 2024 revenue by 1%, primarily due to growth in eLearning, despite a continued net loss which increased from the previous year, largely impacted by an impairment charge against Social5 goodwill. The company is undergoing a strategic review, including restructuring its balance sheet and reducing debt as it seeks to drive growth in its remaining businesses.
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