Xtract One ( (TSE:XTRA) ) has shared an announcement.
Xtract One Technologies reported strong fiscal second quarter results, with a record total backlog of $37.2 million and a gross margin of 70%. The company achieved its highest-ever quarterly bookings of $13.5 million, reflecting significant revenue growth and strategic market diversification. Despite deployment timing challenges, Xtract One is optimistic about its outlook for the remainder of fiscal 2025, driven by new contract wins and growing interest in its Gateway solution.
More about Xtract One
Xtract One Technologies Inc. is a leading company in the technology-driven threat detection and security solutions industry. The company focuses on enhancing the patron access experience by leveraging artificial intelligence. Xtract One is committed to market penetration and acceptance across multiple industry verticals and geographies.
YTD Price Performance: -24.58%
Average Trading Volume: 95,190
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$97.2M
For an in-depth examination of XTRA stock, go to TipRanks’ Stock Analysis page.