Latest $315K Order Follows Previous $500K Order; Company Projects Tactical Headset Market To Reach $3.8B By 2027; Reports Preliminary H1 2024 Revenue Of $5.31M And Cash Equivalents Of $3.69M
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Shares of General Dynamics Corporation (NYSE:GD) fell sharply during Wednesday's session after the company reported worse-than-expected second-quarter EPS results. Revenue for the quarter increased 18% year-over-year to $11.976 billion, beating the consensus of $11.438 billion. EPS of $3.26 (up 20.7% YoY) missed the consensus of $3.29, according to data from Benzinga Pro. General Dynamics shares declined 5.2% to $279.26 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers NuZee, Inc. (NASDAQ:NUZE) jumped 192% to $3.01. Dermata Therapeutics, Inc. (NASDAQ:DRMA) rose 142.4% to $3.0799 after falling over 22% on Tuesday. Selina Hospitality PLC
Latest $315K Order Follows Previous $500K Order; Company Projects Tactical Headset Market To Reach $3.8B By 2027; Reports Preliminary H1 2024 Revenue Of $5.31M And Cash Equivalents Of $3.69M
This is the first order that the Company has received for a new Silynxcom system configuration custom designed for the U.S. Air Force Netanya, Israel, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE:SYNX) ("Silynxcom" or the "Company"), a manufacturer and developer of ruggedized tactical communication headset devices, announced that it has received a new order from the United States Air Force for its innovative tactical communication products. "We are honored to be chosen to supply high-end equipment to the U.S. Air Force. We have won this order based on a new system configuration, customized for the U.S. Air Force. We believe this symbolizes a strong vote of confidence
NETANYA, Israel, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE:SYNX) ("Silynxcom" or the "Company"), a manufacturer and developer of ruggedized tactical communication headset devices as well as other communication accessories, reported its consolidated financial results as of and for the six months ended June 30, 2024. Key Financial Highlights for the First Half of 2024: Revenues - for the six months ended June 30, 2024 were $5,356 thousand, an increase of 73% from the equivalent period in 2023.Gross profit - for the six months ended June 30, 2024 was $2,650 thousand, an increase of 121% from the equivalent period in 2023.Gross margin for the six months ended June 30, 2024 was 4
Silynxcom has received a total of approximately $1,550,000 in orders from the Israel Defense Forces since the beginning of the third quarter of 2024 Netanya, Israel, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE:SYNX) ("Silynxcom" or the "Company"), a manufacturer and developer of ruggedized tactical communication headset devices, has received additional orders from the Israel Defense Forces ("IDF") in the amount of $740,000, adding to the $815,000 worth of orders secured since the beginning of July 2024. This brings the total accumulated orders from the IDF to approximately $1,550,000 since the beginning of July 2024. This latest order signals Silynxcom's growth in the militar
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