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Vario Secure Reports Modest Revenue Growth Amid Profit Decline

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Vario Secure Reports Modest Revenue Growth Amid Profit Decline

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The latest announcement is out from Vario Secure, Inc. ( (JP:4494) ).

Vario Secure Inc. reported its non-consolidated financial results for the nine months ending November 30, 2024, showing a modest revenue increase of 1.7% compared to the previous year. Despite the rise in revenue, the company experienced declines in operating profit, profit before tax, and total comprehensive income, indicating challenges in maintaining profitability. The company also maintained its zero-dividend policy, with no revisions to its financial forecasts for the fiscal year ending February 2025.

More about Vario Secure, Inc.

Vario Secure Inc. is a company listed on the Tokyo Stock Exchange, operating in the cybersecurity industry. It focuses on providing security solutions to protect digital information and infrastructure.

YTD Price Performance: 2.79%

Average Trading Volume: 13,103

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen2.66B

See more insights into 4494 stock on TipRanks’ Stock Analysis page.

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