Reports Q1 revenue $2.1M vs. $187,000 last year. Einav Brenner, Chief Financial Officer of Odysight.ai (ODYS): “We’re making important strides in building the technological and operational foundations that will support our long-term growth. While some of this progress is not yet reflected in our financial results, we are focused on strengthening our infrastructure, expanding our technological capabilities, establishing relationships with global leaders in our industry and positioning ourselves for future success in Aerospace and new verticals. Our successful uplisting to Nasdaq and recent capital raise mark major milestones for the Company. These achievements not only strengthen our balance sheet, but also enhance our visibility, credibility and access to global customers and investors. We believe we are well-positioned to support our strategic initiatives and drive sustainable, long-term growth. These are investments in a differentiated value proposition – for our customers, our partners and our shareholders.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ODYS:
- AI Daily: Chinese firms place $16B in orders for new Nvidia chips
- Benchmark starts ‘predictive maintenance secular play’ Odysight.ai with a Buy
- Odysightai’s Strategic Positioning and Growth Potential in Predictive Maintenance Justifies Buy Rating
- Odysight.ai initiated with a Buy at Benchmark
- Odysight.ai reports FY24 EPS ($1.03) vs. (98c) last year