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Spectra Systems ( (GB:SPSY) ) just unveiled an announcement.
Spectra Systems Corporation reported a significant increase in revenue and profits for the year ending December 2024, driven by the acquisition of Cartor Security Printers and strong demand for its materials and technologies. The company’s strategic moves, including a sensor manufacturing contract and successful integration of CSP, have positioned it for continued growth and expansion in the security printing and authentication markets. The board is optimistic about achieving record earnings in 2025, supported by new opportunities in polymer substrate sales and smartphone technology.
More about Spectra Systems
Spectra Systems Corporation is a leader in machine-readable high-speed banknote authentication, brand protection technologies, and gaming security software. The company focuses on providing advanced security solutions to central banks and other industries requiring secure authentication and protection technologies.
YTD Price Performance: -5.98%
Average Trading Volume: 56,964
Technical Sentiment Signal: Sell
Current Market Cap: £107.6M
For a thorough assessment of SPSY stock, go to TipRanks’ Stock Analysis page.
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