LICT Corporation Reports Results for the 3rd Quarter 2024
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LICT Corporation reported its financial results for Q3 2024, showing a revenue increase to $33.7 million, up from $28.8 million in Q3 2023. The results account for the spin-off of MachTen in August 2023.
November 11, 2024 | 9:30 pm
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LICT Corporation's Q3 2024 financial results show a significant revenue increase to $33.7 million, compared to $28.8 million in Q3 2023. This growth comes after the spin-off of MachTen in August 2023.
The reported increase in revenues is a positive indicator for LICT Corporation, suggesting improved financial performance post the MachTen spin-off. This could lead to a positive short-term impact on the stock price.
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