ZTEST Electronics (TSE:ZTE) has released an update.
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ZTEST Electronics Inc. reports a significant year-over-year increase in revenue and net income for the six months ending December 31, 2023, with revenue up 88% and a shift from a loss to a profit. The company has seen growth for the fourth consecutive quarter, strengthened its capital and working capital positions, and is investing in new equipment to boost future production. CEO Steve Smith expresses confidence in the company’s strategy for sustainable value creation and future financial performance improvements.
For further insights into TSE:ZTE stock, check out TipRanks’ Stock Analysis page.
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