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Lord Abbett Ultra Short Bond Fund - Class A
LUBAX•NASDAQ
Financial Services
Asset Management - Bonds
$10.04
$0.00(0.00%)

The company's financials show resilient growth, with revenue advancing from $3.41M in Q1 2023 to $3.68M in Q4 2023. Gross profit remained healthy with margins at 100% in Q4 2023 compared to 100% in Q1 2023. Operating income hit $3.15M last quarter, sustaining a consistent 86% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$1.39M. Net income rose to $1.76M, while earnings per share reached $0.13. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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