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Castellum, Inc. Announces $11.6 Million Higher Sequential Revenue and Gross Profits for Q3 2024
CTMCastellum(CTM) GlobeNewswire News Room·2024-11-04 11:45

Financial Performance - Revenue for Q3 2024 was 11.6million,showingsequentialgrowthfrom11.6 million, showing sequential growth from 11.5 million in Q2 and 11.3millioninQ12024[2]GrossprofitforQ32024reached11.3 million in Q1 2024 [2] - Gross profit for Q3 2024 reached 5.0 million, up from 4.7millioninQ2and4.7 million in Q2 and 4.5 million in Q1 2024 [2] Company Strategy and Outlook - The company is focused on securing new contracts to drive significant growth and improve quarterly and long-term performance [3] - Strategic investments are being made to strengthen new business growth capabilities and secure new contracts [3] - The company aims to leverage its strong mission, technical capabilities, and past performance to achieve growth [3] Company Overview - Castellum, Inc is a cybersecurity, electronic warfare, and software engineering services company primarily serving the federal government [4] Contact Information - Glen Ives serves as the President and Chief Executive Officer of Castellum, Inc [6] - Contact details include phone number (703) 752-6157 and email info@castellumus.com [6]