Company Reports Q1 Revenue of $210M Exceeding Expectations
Reports Q1 revenue $210M consensus $207.8M. "We are pleased to report a solid start to fiscal 2026, with results toward the high-end of guidance. First quarter revenue of $210 million, increased 5% year-over-year. Growth in the quarter was driven by strength in our cargo systems business, which contributed to a 17% year-over-year increase in Industrial segment revenue," said Sunny Sanyal, Chief Executive Officer. Sanyal added, "Looking ahead, we expect demand for CT products to remain strong and we are encouraged by the sustained momentum in our cargo security systems business."
