Sharc International Systems Inc (TSE:SHRC) has released an update.
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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.
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