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An announcement from Tantalus Systems Holding ( (TSE:GRID) ) is now available.
Tantalus Systems reported record revenue and positive adjusted EBITDA for 2024, with a 21% increase in Q4 revenue and a 5.1% growth for the year. The company achieved significant milestones, including a 46% growth in sales orders and the addition of 31 new utility customers. Tantalus is well-positioned for continued growth in 2025, driven by its TRUSense Gateway and efforts to support utilities in grid modernization.
More about Tantalus Systems Holding
Tantalus Systems is a technology company focused on assisting utilities in modernizing their distribution grids through data utilization. The company offers utility software applications, services, and connected devices, with a market focus on expanding its customer base and deployments.
YTD Price Performance: -5.29%
Average Trading Volume: 45,122
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$87.46M
For detailed information about GRID stock, go to TipRanks’ Stock Analysis page.