Charge Enterprises Reports ~$138M In Infrastructure Segment Backlog Booked At Q2 End, Representing 43% Increase From Prior Year
Portfolio Pulse from Benzinga Newsdesk
Charge Enterprises reported a backlog of approximately $138M in its Infrastructure segment at the end of Q2, representing a 43% increase from the prior year.
July 18, 2023 | 11:10 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Charge Enterprises' Infrastructure segment backlog has increased by 43% YoY, indicating strong demand for its services.
The significant increase in Charge Enterprises' backlog indicates strong demand for its services, which could lead to increased revenues and potentially a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100