Pluribus Technologies Corp (TSE:PLRB) has released an update.
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Pluribus Technologies Corp. reports a robust first quarter in 2024 with a 9% increase in revenue and a significant 241% surge in Adjusted EBITDA following a successful restructuring in 2023. Despite these gains, the technology acquirer experienced a net loss, albeit smaller than the previous year. The quarter also saw the sale of HealthTech assets, as part of ongoing strategic efforts to optimize the company’s capital structure.
For further insights into TSE:PLRB stock, check out TipRanks’ Stock Analysis page.
