CEMATRIX Corporation has released its consolidated financial results for the quarter ended June 30, 2023. In line with expectations and following the momentum from a great first quarter, there was continued improvement in many of key financial metrics in the second quarter of 2023. Revenue for the quarter was $6.2 compared to $4.0 million the previous year, a 55% increase. Gross margins improved significantly to $1.1 million (18%) compared to $-0.1 (-3%) million in Q2 of the previous year. In addition, the backlog (of projects to be delivered) continues to grow, a reflection of the hard work and demonstrating the success of sales teams and strategies.

CEMATRIX Corporation, a client of our Bristol Investor Relations agency, is a North American leading manufacturer and supplier of technologically advanced cellular concrete products.

Read the full press release here: CEMATRIX Announces 2023 Second Quarter Financial Results