Welcome to our dedicated page for Paragon Technologies news (Ticker: PGNT), a resource for investors and traders seeking the latest updates and insights on Paragon Technologies stock.
Paragon Technologies Inc. (PGNT) is a diversified holding company with strategic interests in material handling, real estate, and value-driven investments. This page aggregates official news and analysis related to PGNT’s operational developments, financial updates, and corporate governance activities.
Investors and stakeholders will find timely updates on earnings reports, strategic acquisitions, capital restructuring initiatives, and leadership decisions. The curated content ensures transparent access to PGNT’s progress in risk management, non-dilutive financing strategies, and portfolio optimization.
Key news categories include financial performance, industry partnerships, shareholder communications, and regulatory filings. Bookmark this page for streamlined access to Paragon Technologies’ latest developments and historical announcements.
Paragon Technologies, Inc. (OTC PINK:PGNT) reported its 2022 financial results on March 24, 2023, revealing net sales of $134.2 million, a decrease from $141.6 million in 2021. The operating income rose to $7.6 million, compared to $6.5 million in the previous year. Net income attributable to Paragon was $4.7 million, up from $3.4 million in 2021. Investment portfolio performance included a realized gain of $935,000, contrasting with a loss of $325,000 in 2021. The company’s annual letter to shareholders is available on its website for further insights.
Paragon Technologies, Inc. (OTC PINK:PGNT) reported its financial results for the three and nine months ending September 30, 2022, with net sales of $34,498 thousand for the quarter and $105,773 thousand year-to-date, showing a decline from $36,771 thousand and $100,958 thousand respectively in 2021. Operating income rose to $2,323 thousand in Q3 2022, compared to $2,109 thousand in Q3 2021, but the company faced challenges due to the COVID-19 pandemic and geopolitical issues impacting bookings and cash flow. Investment portfolio gains positively affected net income, while the company prudently managed expenses in a fluctuating environment.
FAQ
What is the current stock price of Paragon Technologies (PGNT)?
What is the market cap of Paragon Technologies (PGNT)?
