Plurilock Security Inc. Reports Second Quarter Fiscal 2024 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 30 2024
0mins
Should l Buy ?
Source: Yahoo Finance
Financial Performance: Plurilock Security Inc. reported a total revenue of $12.6 million in Q2 2024, showing a slight increase from $12.3 million in Q2 2023, with a significant 144% growth in Gross Margin driven by an increased mix of Critical Services.
Operational Highlights and Outlook: The company is focusing on expanding its high-margin Critical Services and has seen strong demand for cybersecurity solutions, while also exploring potential mergers and acquisitions to enhance growth over the next 12 to 24 months.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
