$Silynxcom (SYNX.US)$ NEWS Silynxcom Estimates Revenue Growt...
NEWS
Silynxcom Estimates Revenue Growth of More Than 100% for the First Quarter of 2024
05/13/2024 - 09:15 AM
Netanya, Israel, May 13, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices as well as other communication accessories, today provided preliminary unaudited financial results as of and for the three months ended March 31, 2024.
On a preliminary unaudited basis, Silynxcom is reporting a strong performance for the first quarter of 2024, highlighting accelerated operational and business growth including:
preliminary unaudited revenue for the three months ended March 31, 2024, that is estimated at $3.525 million, representing an estimated increase of more than 100%compared to the same period in 2023; and
preliminary unaudited cash and cash equivalents as of March 31, 2024, that amounted to $4.353 million.
Netanya, Israel, May 13, 2024 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices as well as other communication accessories, today provided preliminary unaudited financial results as of and for the three months ended March 31, 2024.
On a preliminary unaudited basis, Silynxcom is reporting a strong performance for the first quarter of 2024, highlighting accelerated operational and business growth including:
preliminary unaudited revenue for the three months ended March 31, 2024, that is estimated at $3.525 million, representing an estimated increase of more than 100%compared to the same period in 2023; and
preliminary unaudited cash and cash equivalents as of March 31, 2024, that amounted to $4.353 million.
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