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Inventronics Reports Decline in Q1 Earnings
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Inventronics Reports Decline in Q1 Earnings

Inventronics Ltd (TSE:IVX) has released an update.

Inventronics Ltd, a North American manufacturer of enclosures for various industries, has reported a significant drop in Q1 2024 earnings, with net revenue decreasing to $1.43 million from $3.33 million in the same period last year. The reported earnings per share also fell to 0.2 cents from 6.7 cents. Despite this decline, the company has seen a renewed demand for its enclosures after a sluggish Q4 in 2023.

For further insights into TSE:IVX stock, check out TipRanks’ Stock Analysis page.

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