Track Group Reports 2nd Quarter Fiscal 2024 Financial Results
NAPERVILLE, Ill., May 14, 2024 (GLOBE NEWSWIRE) -- Track Group, Inc. (OTCQB: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal quarter ended March 31, 2024 (“Q2 FY24”).
- NAPERVILLE, Ill., May 14, 2024 (GLOBE NEWSWIRE) -- Track Group, Inc. (OTCQB: TRCK), a global leader in offender tracking and monitoring services, today announced financial results for its fiscal quarter ended March 31, 2024 (“Q2 FY24”).
- Total Q2 FY24 revenue of $9.0M was up 8% compared to Q2 FY23 revenue of $8.3M.
- Gross Profit of $4.0M rose by 6% ($0.2M) in Q2 FY24 compared to Q2 FY23.
- “In the quarter ending March 31, 2024, we demonstrated a return to growth in revenue and gross profit, surpassing Q2 FY23.