TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from SideChannel ( (SDCH) ).
SideChannel, a cybersecurity firm, reported a 12.8% revenue increase to $7.4 million for fiscal 2024, with a significant reduction in net loss from $7.0 million to $785 thousand. The company aims to sustain cash flow and boost Enclave revenue growth by enhancing its sales team. Notably, SideChannel is expanding its service delivery without impacting gross margins, expecting positive outcomes in 2025.
For a thorough assessment of SDCH stock, go to TipRanks’ Stock Analysis page.