Sharc International Systems Inc (TSE:SHRC) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
SHARC International Systems Inc. reports a strong Q2 2024 with revenues reaching $0.78M, a 72% increase from the same period last year, and a 31% increase in year-to-date revenue. The company’s Sales Order Backlog has grown, marking the quarter as a historic period with the most projects under order, signaling potential future revenue growth and diversification. Despite a slight decrease in gross margins compared to the previous year, the company remains on a positive trajectory.
For further insights into TSE:SHRC stock, check out TipRanks’ Stock Analysis page.