ConnectM Technology Solutions, Inc.(CNTM)

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Join ConnectM's Exclusive Live Investor Webinar and Q&A Session on March 4
Prnewswire· 2025-02-28 13:00
Core Insights - ConnectM Technology Solutions, Inc. is focused on the electrification economy and will host a webinar on March 4, 2025, to discuss its strategic position and growth opportunities [1][2] - The company operates within a $2 trillion electrification economy and utilizes an AI-driven energy intelligence platform to promote a net-zero carbon future [2] - ConnectM has over 120,000 connected energy assets and has achieved 20 consecutive quarters of revenue growth, indicating strong market demand and operational efficiency [2] Company Overview - ConnectM specializes in building electrification, distributed energy, and last-mile transportation, providing scalable and high-margin solutions [2][5] - The company's vertically integrated model combines technology, service networks, and strategic partnerships to enhance efficiency, affordability, and sustainability [5] - ConnectM's strategic acquisitions and proprietary technology are designed to support sustained revenue growth and long-term shareholder value in the clean energy sector [2][5] Webinar Details - The upcoming webinar will feature a presentation by ConnectM's President, Nayeem Hussain, followed by a live Q&A session [2][3] - Investors can register for the free webinar and submit questions in advance [4]
ConnectM Eliminates an Additional $1.9 Million of Debt
Prnewswire· 2025-02-27 21:01
Core Insights - ConnectM Technology Solutions, Inc. has announced the retirement of an additional $1.9 million of debt, indicating a focus on improving its financial health [1] Company Overview - ConnectM is a technology company dedicated to advancing the electrification economy by integrating electrified energy assets with an AI-powered technology solutions platform [2] - The company provides a proprietary Energy Intelligence Network platform aimed at facilitating the transition to all-electric heating, cooling, and transportation for residential and light commercial buildings, as well as all-electric original equipment manufacturers [2] - ConnectM leverages technology, data, artificial intelligence, contemporary design, and behavioral economics to make electrification more user-friendly, affordable, precise, and socially impactful [2] - As a vertically integrated company, ConnectM has wholly owned service networks and a comprehensive technology stack, empowering customers to reduce reliance on fossil fuels, lower energy costs, and minimize carbon footprints [2]
ConnectM Announces Q1 2025 Preliminary Revenue Guidance of $11.3M, Representing a 100% Year-Over-Year Surge
Prnewswire· 2025-02-20 21:01
~ Q1'25 guidance increases ConnectM's annual revenue run rate to $45.2M ~ ~ Exceptional growth fueled by surging demand for ConnectM's AI-driven electrification platforms and strategic customer expansions ~ MARLBOROUGH, Mass., Feb. 20, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced preliminary revenue guidance of $11.3 million for the first quarter of 2025. This represents a 2 ...
ConnectM Announces Explosive Growth in EV Solutions, Driven by OEM Partnerships and Surging Demand
Prnewswire· 2025-02-18 21:01
~200% year-over-year revenue growth in EV Solutions, fueled by adoption across major automotive OEMs~~9 new OEM partnerships secured in the past 12 months, including VST Tractors, Force Motors, and JBM alongside key legacy partners like Volvo~MARLBOROUGH, Mass., Feb. 18, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced unprecedented growth across its Transportation and Logistics ...
ConnectM Raises Q4 '24 Revenue Guidance to $9M, Up 102% Year-over-Year, Surpassing Prior Estimates by $2M
Prnewswire· 2025-02-13 21:02
~Revised FY2024 revenue guidance is $26.3M instead of previous guidance of $24M~~Company expects to provide Q1 '25 guidance in the next two weeks~MARLBOROUGH, Mass., Feb. 13, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced a significant upward revision to its previously announced Q4 2024 preliminary revenue guidance of $7 million. The Company now anticipates Q4 2024 revenue of ...
ConnectM Raises Q4 '24 Revenue Guidance to $9M, Up 102% Year-over-Year, Surpassing Prior Estimates by $2M
Newsfilter· 2025-02-12 21:01
~Revised FY2024 revenue guidance is $26.3M instead of previous guidance of $24M ~Company expects to provide Q1 ‘25 guidance in the next two weeks~ MARLBOROUGH, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced a significant upward revision to its previously announced Q4 2024 preliminary revenue guidance of $7 million. The Company now anticipates Q4 2024 revenue ...
ConnectM Raises Q4 ‘24 Revenue Guidance to $9M, Up 102% Year-over-Year, Surpassing Prior Estimates by $2M
GlobeNewswire· 2025-02-12 21:01
~Revised FY2024 revenue guidance is $26.3M instead of previous guidance of $24M ~Company expects to provide Q1 ‘25 guidance in the next two weeks~ MARLBOROUGH, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced a significant upward revision to its previously announced Q4 2024 preliminary revenue guidance of $7 million. The Company now anticipates Q4 2024 revenu ...
ConnectM Publishes 2024 Impact Scorecard
Newsfilter· 2025-02-10 21:01
~Ends 2024 With Triple Digit Growth Across All Electrification Metrics~ MARLBOROUGH, Mass., Feb. 10, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today published its impact scorecard for the fourth quarter of 2024. Following the end of each quarter, ConnectM publishes its quarterly scorecard to provide the Company's key electrification indicators which we use as internal operating perfor ...
ConnectM Acquires MHz Invensys, Enhancing Wireless Communication Solutions
Newsfilter· 2025-01-27 13:30
Company Expected to Generate an Additional $15M of Revenue from the AMI Vertical by the End of 2027 Acquisition Bolsters ConnectM's Wireless Solutions for Smart Metering and Allows Expansion into Key Adjacent Markets TAM for the Global Advanced Metering Infrastructure Market Predicted to be North of $47 Billion by 2030 MARLBOROUGH, Mass., Jan. 27, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a leader in the electrification economy, today announced ...
ConnectM Launches Automotive Graphics Visual Unit
GlobeNewswire· 2025-01-16 13:30
New Product Expected to Drive Continued Growth in the Company’s OEM Segment MARLBOROUGH, Mass., Jan. 16, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a leader in the electrification economy, today announced the launch of its Automotive Graphics Visual Unit (‘AGVU’), an automotive-grade instrument cluster designed to balance cost, performance, and durability. The advanced technology in this product will allow ConnectM to continue to differentiate ...