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Gatekeeper Secures Record $9.3 Million School Bus Contract in California

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Gatekeeper Secures Record $9.3 Million School Bus Contract in California

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The latest update is out from Gatekeeper Systems ( (TSE:GSI) ).

Gatekeeper Systems Inc. has announced its largest-ever contract in the school bus segment, valued at approximately US$6.7 million, with a student transportation provider in California. This contract involves equipping school buses with advanced video and data solutions, including AI-based passenger counters and Live View Wireless capabilities, enhancing route scheduling and planning for school districts. The deal signifies the growing traction of Gatekeeper’s sales strategy and innovative offerings in the market, further solidifying its position in the transportation safety industry.

The most recent analyst rating on (TSE:GSI) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Gatekeeper Systems stock, see the TSE:GSI Stock Forecast page.

Spark’s Take on TSE:GSI Stock

According to Spark, TipRanks’ AI Analyst, TSE:GSI is a Neutral.

Gatekeeper Systems’ overall stock score is driven by strong technical indicators and positive corporate events, which are offset by weak financial performance and valuation concerns. The company’s strategic contracts and expansions provide growth potential, but profitability and cash flow issues need addressing to improve its financial health.

To see Spark’s full report on TSE:GSI stock, click here.

More about Gatekeeper Systems

Gatekeeper Systems Inc. is a leading provider of video and data solutions aimed at enhancing safety in transportation environments for children, passengers, and drivers on public transportation fleets. The company has served over 60 transit agencies and 3,500 school districts across North America, installing more than 63,000 Mobile Data Collectors that record video and data from over 200,000 onboard devices daily. Gatekeeper’s Platform-as-a-Service (PaaS) business model focuses on Mobile Data Collectors, supporting AI-assisted video analytics for incident management and storage.

Average Trading Volume: 400,963

Technical Sentiment Signal: Buy

Current Market Cap: C$197.3M

Find detailed analytics on GSI stock on TipRanks’ Stock Analysis page.

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