ConnectM Technology Solutions Reports GAAP EPS of -$0.22 and $35.8M in Revenue
ConnectM Technology Solutions (CNTM) reported a GAAP EPS of -$0.22 and revenue of $35.8 million. The company saw a significant increase in gross profit and margin expansion, with gross profit rising 93% year-over-year to $11.5 million and gross margin expanding to 32% from 26%.
Topics: earnings financial results gross margin revenue