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Pivotal Systems Corporation

PVLYL•PNK
Technology
Semiconductors
$0.90
$0.00(0.00%)
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The company's financials show resilient growth, with revenue advancing from $7.21M in Q3 2022 to $2.09M in Q2 2023. Gross profit remained healthy with margins at -30% in Q2 2023 compared to 23% in Q3 2022. Operating income hit -$4.46M last quarter, sustaining a consistent -214% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$4.40M. Net income dropped to -$4.59M, while earnings per share reached -$0.02. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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