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SNT Senstar Technologies News Story

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IndustrialsAdventurousMicro CapNeutral

Security systems provider Senstar Technologies' Q3 revenue falls

Overview

Senstar Q3 revenue declined 2.1% yr/yr to $9.5 mln

Net income for Q3 decreased to $1.0 mln from $1.3 mln last year

Operating income fell due to increased strategic consulting costs

Outlook

Company did not provide specific guidance for future quarters or full year in its press release

Result Drivers

CORE VERTICAL GROWTH - Co attributes growth in core verticals like Corrections and Energy to increased global investment in infrastructure protection

PRODUCT MIX STABILITY - Stability in gross margin attributed to a well-balanced product mix

STRATEGIC CONSULTING COSTS - Increase in operating expenses due to exceptional consulting costs related to strategic growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$9.50 mln
Q3 EPS$0.04
Q3 Gross Profit$6.40 mln
Q3 Operating Expenses$5.20 mln
Press Release: ID:nPn5Qbncba For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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