Major ContractsThe company recently announced major contracts, including a $5 million contract with a large telecommunications provider and its first major Shield contract with the U.S. government.
Revenue GrowthShield revenue increased 49.0% sequentially to approximately $450,000 in the quarter, indicating growth in this segment.
ValuationThe company's valuation is considered attractive, with a BUY rating maintained and a 12-month price target set at $11, representing significant upside from the current share price.