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Appgate, Inc.
APGT•PNK
Technology
Software - Infrastructure
$0.30
$-0.39(-57.14%)

Over the last four quarters, Appgate, Inc. achieved steady financial progress, growing revenue from $9.86M in Q4 2022 to $12.58M in Q3 2023. Gross profit stayed firm with margins at 65% in Q3 2023 versus 50% in Q4 2022. Operating income totaled -$5.53M in Q3 2023, maintaining a -44% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $60.18M. Net income rose to $64.37M, with EPS at $0.49. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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