CORRECTION FROM SOURCE: Leafbuyer Technologies, Inc. Announces Record Results: 20% Increase in Quarterly Revenue, 68% Increase in Gross Margins and 134% Increase in Net Income
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Leafbuyer Technologies, Inc. reported a 20% increase in quarterly revenue, a 68% rise in gross margins, and a 134% increase in net income for the second quarter of fiscal year 2024. The company's revenue grew from $1,434,132 to $1,717,127, and net income improved from a loss of $220,010 to a profit of $78,815.
February 26, 2025 | 6:45 pm
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Leafbuyer Technologies, Inc. announced strong financial results for Q2 FY2024, with a 20% increase in revenue, 68% rise in gross margins, and a 134% increase in net income. This performance indicates robust growth and improved profitability.
The significant increases in revenue, gross margins, and net income suggest that Leafbuyer is experiencing strong business growth and improved financial health. This is likely to positively impact the stock price in the short term as investors react to the company's improved profitability and growth prospects.
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