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Siyata Mobile Reports 2024 Financial Results Amid Strategic Merger with Core Gaming

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Siyata Mobile Reports 2024 Financial Results Amid Strategic Merger with Core Gaming

The latest update is out from Siyata Mobile ( (SYTA) ).

Siyata Mobile has announced its financial results for the fourth quarter and full year 2024, highlighting a significant revenue increase of 41% over the previous year, despite a larger net loss. The company is focusing on a strategic merger with Core Gaming, an AI-driven mobile games developer, which is expected to unlock new growth opportunities and enhance shareholder value. This merger is anticipated to position the combined entity for long-term success in the technology and gaming sectors.

More about Siyata Mobile

Siyata Mobile Inc. is a B2B global developer and vendor specializing in next-generation Push-To-Talk over Cellular handsets and accessories. Their products are designed to enhance communication for first responders and enterprise workers by enabling instant communication over nationwide cellular networks. The company also provides enterprise-grade In-Vehicle solutions and Cellular Booster systems, and sells its products through leading North American and international cellular carriers and distributors.

YTD Price Performance: -66.72%

Average Trading Volume: 866,919

Technical Sentiment Signal: Buy

Current Market Cap: $1.95M

See more data about SYTA stock on TipRanks’ Stock Analysis page.

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