Core Viewpoint - Senstar Technologies Corporation reported its financial results for the third quarter of 2025, highlighting a slight decline in revenue but an overall positive trend in year-to-date performance, particularly in high-value verticals such as Corrections and Energy [2][3]. Financial Performance - Revenue for Q3 2025 was $9.5 million, a decrease of 2.1% from $9.7 million in Q3 2024 [3][6]. - Gross profit for the third quarter was $6.4 million, resulting in a gross margin of 67.3%, compared to $6.6 million and 68.0% in the same quarter last year [3][6]. - Operating expenses rose to $5.2 million from $4.8 million in Q3 2024, primarily due to increased general and administrative costs related to strategic growth consulting [4][6]. - Operating income decreased to $1.1 million from $1.8 million year-over-year, influenced by the aforementioned consulting costs [4][6]. - Net income for Q3 2025 was $1.0 million, or $0.04 per share, down from $1.3 million, or $0.06 per share, in Q3 2024 [5][6]. - Year-to-date revenue increased by 8% compared to the same period in 2024, with year-to-date net income rising to $3.2 million from $1.0 million [6]. Operational Highlights - The company maintained a gross margin above targets, reflecting the effectiveness of its differentiated technology and operational efficiency [2]. - A robust pipeline and diversified geographic presence, along with a debt-free balance sheet featuring $21.7 million in cash, position the company for sustainable growth [2][6]. Market Position - Senstar is experiencing growth in its core verticals, particularly in Corrections and Energy, driven by increased investment in infrastructure protection globally [2]. - The company is gaining market share and strengthening its momentum in Utilities, Transport, and Data Centers through the adoption of advanced perimeter security solutions [2].

Core Viewpoint - Senstar Technologies Corporation will report its financial results for the third quarter ended September 30, 2025, on November 25, 2025, followed by a conference call to discuss the results [1]. Financial Reporting - The financial results will be announced on November 25, 2025, at 5:00 p.m. Eastern Time [1]. - Participants are encouraged to dial in 10 minutes prior to the conference call using specific toll-free and international numbers [2]. Company Overview - Senstar Technologies is a leading provider of physical, video, and access control security products and solutions, with a focus on innovative perimeter intrusion detection systems and intelligent video management [3]. - The company has been operational for 40 years, serving various sectors including utilities, logistics, correction facilities, and the energy market [3].

Core Insights - Senstar Technologies Corporation reported strong financial results for the first quarter of 2025, highlighting double-digit revenue growth and significant improvements in gross and EBITDA margins [2][3][5]. Financial Performance - Revenue for Q1 2025 was $8.4 million, a 12.5% increase from $7.5 million in Q1 2024 [3][8]. - Gross profit reached $5.7 million, representing a gross margin of 67.2%, up from 59.6% in the previous year [3][8]. - Operating income was $1.0 million compared to an operating loss of $73,000 in the same quarter last year [5][8]. - Net income for Q1 2025 was $1.0 million, or $0.04 per share, compared to a net loss of $0.7 million, or ($0.03) per share, in Q1 2024 [5][8]. - EBITDA for the first quarter was $1.2 million, a significant increase from $114,000 in Q1 2024 [6][8]. Cost Management - Operating expenses were $4.6 million, a slight increase of 2% from $4.5 million in Q1 2024, primarily due to targeted marketing and selling expenses [4][8]. - The increase in gross margin was attributed to a balanced product mix, cost optimization, and efficient cost control [3][8]. Cash Position - As of March 31, 2025, cash and cash equivalents, along with short-term bank deposits, totaled $22 million, up from $20.6 million at the end of 2024 [6][8]. Market Position - The company experienced strong demand across its core verticals, including Corrections, Energy, and Logistics, and noted growing global interest in its MultiSensor solution [2].