Plurilock Security Inc. Reports Second Quarter Fiscal 2024 Financial Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 30 2024
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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.
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.
