Seeing Machines (GB:SEE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Seeing Machines, an advanced computer vision technology firm, has reported a significant year-on-year growth, with over 2.2 million vehicles now featuring their safety-enhancing AI-powered systems. The company’s Q4 FY2024 production surged by 22% from the previous quarter, and monitored Guardian connections for commercial fleets rose by 19% over the past year. With new regulations and a recent deal with Caterpillar, CEO Paul McGlone anticipates continued growth in both the Automotive and Aftermarket segments.
For further insights into GB:SEE stock, check out TipRanks’ Stock Analysis page.
