Singing Machine's Subsidiary, SemiCab, Announces Over $9M Contracted Revenue Backlog
Portfolio Pulse from Benzinga Newsdesk
Singing Machine's subsidiary, SemiCab, has announced a contracted revenue backlog of over $9 million.
July 16, 2024 | 11:09 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Singing Machine's subsidiary, SemiCab, has secured a contracted revenue backlog of over $9 million, indicating strong future revenue potential.
The announcement of a $9 million contracted revenue backlog for SemiCab, a subsidiary of Singing Machine, suggests a strong future revenue stream. This is likely to positively impact investor sentiment and the stock price of MICS in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100