ConnectM Technology Solutions ( (CNTM) ) has released a notification of late filing.
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ConnectM Technology Solutions, Inc. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The company cited the inability to compile all necessary financial information and disclosures in time without incurring unreasonable effort or expense. ConnectM expects to file the report by April 15, 2025. Preliminary financial results indicate significant growth, with a 200% increase in revenue for its EV Solutions segment and a projected 32% increase in full-year revenue for 2024. The company has also highlighted its technological innovations and strategic acquisitions, which are expected to bolster future growth. ConnectM remains committed to compliance, with CEO Bhaskar Panigrahi signing the notification.
More about ConnectM Technology Solutions
YTD Price Performance: -55.20%
Average Trading Volume: 523,664
Technical Sentiment Signal: Buy
Current Market Cap: $19.89M
For detailed information about CNTM stock, go to TipRanks’ Stock Analysis page.