tiprankstipranks
Trending News
More News >

POSaBIT Systems Announces Profitable Q2 with New Launches

Story Highlights
POSaBIT Systems Announces Profitable Q2 with New Launches

POSaBIT Systems (TSE:PBIT) has released an update.

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

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