earnings
confidence high
sentiment neutral
materiality 0.35
SideChannel reports Q3 FY2024 revenue of $1.8M, net loss $146K; second consecutive positive operating cash flow
SideChannel, Inc.
2024-Q3 EPS reported
$0.00
revenue$5,509,000
- Revenue of $1.846M, up 5.5% YoY; gross margin 48.9% (down 100 bps).
- Net loss of $146K ($0.00 per share), improved from $679K loss in prior-year quarter.
- Second consecutive quarter of positive cash flow from operations; cash balance $1.1M.
- Year-to-date revenue $5.5M, up 12.1% YoY.
- Operating expenses decreased 22% YoY to $1.056M.