Alarum Estimates Record Quarterly Revenue of More Than $8.3 Million and All Time High Operating Cashflow of $3.2 Million for the First Quarter of 2024
Alarum Technologies Ltd. - American Depositary Shares (ALAR)
Company Research
Source: GlobeNewswire
Subsidiary NetNut’s revenues surged approximately 140% in the first quarter of 2024 compared to the equivalent period in 2023 Tel Aviv, Israel, April 08, 2024 (GLOBE NEWSWIRE) -- Alarum Technologies Ltd. (Nasdaq, TASE: ALAR) (“Alarum” or the “Company”), a global provider of internet access and web data collection solutions, today provided preliminary key financial metrics guidance for the three months ended on March 31, 2024. Based on a preliminary, unaudited review, Alarum anticipates reporting strong performance for the first quarter of 2024, highlighting accelerated operating and business growth: Revenue for the first quarter of 2024 is estimated at more than $8.3 million, representing the highest quarterly revenue achievement to date and an estimated increase of close to 50% compared to the same period in 2023.In the first quarter of 2024, the Company is estimated to have generated approximately $3.2 million in cashflow from operating activities, compared to a
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News
- Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory BoardGlobeNewswire
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- Alarum Announces Record of $1.7 Million Net Profit and $2.2 Million Adjusted EBITDA in the Fourth Quarter of 2023GlobeNewswire
- Alarum to Participate in the 36th Annual Roth ConferenceGlobeNewswire
- Alarum to Release Fourth Quarter and Full Year 2023 Earnings on March 14, 2024GlobeNewswire