Primech Holdings FY24 Revenue $72.5M, Up 5.1% YoY, Contracted Revenues As Of Mar 31 Were $144.4M
Portfolio Pulse from Benzinga Newsdesk
Primech Holdings reported FY24 revenue of $72.5 million, marking a 5.1% year-over-year increase. The company also disclosed contracted revenues of $144.4 million as of March 31.
July 24, 2024 | 12:18 pm
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Primech Holdings reported a 5.1% increase in FY24 revenue to $72.5 million and contracted revenues of $144.4 million as of March 31.
The 5.1% year-over-year increase in revenue and the substantial contracted revenues indicate strong business performance and future revenue visibility, likely leading to a positive short-term impact on PMEC's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100