POSaBIT Systems (TSE:PBIT) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
POSaBIT Systems Corporation has reported a profitable second quarter in 2024 with a 31% increase in adjusted gross profit and an 11% increase in adjusted revenue over the previous quarter. The company, which specializes in payment solutions for the cannabis industry, also launched new products including a mobile payment app and an e-commerce menu, both receiving positive market feedback.
For further insights into TSE:PBIT stock, check out TipRanks’ Stock Analysis page.