KULR Technology Reports Q3 Revenue Growth of 197% and Positive GAAP EPS
KULR Technology reported strong third-quarter financial results, highlighted by a revenue increase of 197.2% year-over-year to $7.4 million. The company achieved a GAAP earnings per share (EPS) of $0.10, driven largely by a significant surge in product sales, which reached $6.5 million—a 299% increase compared to the previous year. Strategically, KULR has completed its exit from Bitcoin holdings and ended the quarter with a robust liquidity position. The company reported $54.5 million in cash on hand with zero debt, positioning itself for future operational scaling without the burden of interest payments or digital asset volatility.
Tickers: $KULR