Syntec Optics Holdings, Inc. (Nasdaq: OPTX) Reports Third Quarter 2024 Financial Results
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Syntec Optics (Nasdaq: OPTX) reported a 12.3% increase in net sales for Q3 2024, reaching $7.86 million, compared to Q2 2024. Sales from products rose by 17.2% from Q3 2023.
November 14, 2024 | 9:45 pm
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Syntec Optics reported a 12.3% increase in net sales for Q3 2024, indicating strong financial performance and growth in product sales.
The reported increase in net sales and product sales suggests strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100