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SideChannel Inc - SDCH STOCK NEWS

Welcome to our dedicated news page for SideChannel (Ticker: SDCH), a resource for investors and traders seeking the latest updates and insights on SideChannel.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SideChannel's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SideChannel's position in the market.

News
SideChannel Announces New Board of Directors Appointments and Re-Election of Chairwoman
Rhea-AI Summary
SideChannel, Inc. (SDCH) appoints General (Retired) Robert Brown and Mr. James Hansen to its Board of Directors, along with Mr. Nick Hnatiw and re-elects Deborah MacConnel as Chairwoman. These appointments highlight the company's commitment to leadership excellence and innovation in cybersecurity services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.56%
Tags
management
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News
SideChannel Reports Continued Quarterly Revenue Growth
Rhea-AI Summary
SideChannel, Inc. (SDCH) announces financial results for the first quarter of fiscal year 2024. Revenue grew by 12.3% compared to the first quarter of FY 2023 and 4.6% sequentially. However, the gross margin decreased to 48.7% from 56.0% in the first quarter of FY 2023. Operating expenses decreased by 25.0% compared to the first quarter of FY 2023. The net loss was $246,000 or $0.00 per share. Trailing twelve-month revenue reached $6.8 million. Revenue retention was 72.7% for the trailing twelve months ended December 31, 2023. Cash was $819,000 as of December 31, 2023. The company plans to host a conference call to discuss its first quarter results and provide an update on its initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.65%
Tags
none
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News
SideChannel, Inc. Announces 2024 Schedule for Financial Results & Corporate Update Conference Calls
Rhea-AI Summary
SideChannel, Inc. (SDCH) announces the schedule for releasing fiscal year 2024 financial results and providing corporate updates. The company will host four conference calls with stockholders in 2024 to discuss financial results and corporate initiatives. The first quarter conference call will be held on February 7, 2024, at 4:30 pm ET. Participants can join the call via phone or webcast and submit questions in advance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.13%
Tags
earnings
News
SideChannel Announces Key Promotions to Fuel Growth and Success
Rhea-AI Summary
SideChannel, Inc. (SDCH) has announced the promotion of three team members, Dele Owoye to Director of Engineering, and Matt Klein and Eric Gauthier to Vice President of Client Delivery. This strategic move aims to strengthen the company's leadership team to drive growth and success. The CEO expressed confidence in the team's talent and dedication, highlighting their role in driving the company's growth and achieving new heights of success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.63%
Tags
none
-
News
New Analyst Coverage Initiated on SideChannel
Rhea-AI Summary
SideChannel, Inc. (SDCH) gains attention as Trickle Research initiates coverage with a 12-24 month price target of $0.18. SideChannel addresses the underserved mid-market segment of the cybersecurity industry, offering easy-to-use cybersecurity solutions and managed security services. The global cybersecurity market, valued at $150-200 billion, presents an opportunity for above-average growth for SideChannel.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
none
-
News
SideChannel Exchanges 2021 Warrants for Common Stock and New Warrants
Rhea-AI Summary
SideChannel, Inc. (OTCQB:SDCH) announced the successful completion of a tender offer with holders of certain 2021 warrants. The tender offer closed with 76 investors receiving approximately 7.3 million shares of common stock and 17.4 million new warrants in exchange for tendering 43.5 million 2021 warrants. The common stock issued represents approximately 3.3% of the total outstanding shares after the tender offer. The new warrants received by investors have an $0.18 exercise price, expire on December 31, 2028, have no restrictions on a cashless exercise, and feature an automatic conversion into common stock if the bid price exceeds $0.36 for 30 consecutive days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
23.53%
Tags
none
News
SideChannel Approved on OTC Markets Premium Provider Directory
Rhea-AI Summary
SideChannel, a cybersecurity services provider, has been approved as a Premium Provider by OTC Markets Group. This approval allows SideChannel to offer its cybersecurity risk management services to OTC clients, including assistance with SEC disclosure requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.28%
Tags
none
-
News
Brian Haugli, CEO of SideChannel, to Deliver Keynote Address at Triangle InfoSeCon 2023
Rhea-AI Summary
Triangle InfoSeCon announces Brian Haugli as keynote speaker for cybersecurity conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
SideChannel Enclave Introduces Asset Inventory to Simplify Securing Enterprise Network Infrastructure
Rhea-AI Summary
SideChannel, Inc. introduces new functionality to Enclave, creating a product ecosystem to unlock growth and create network visibility. The new Asset Inventory module brings every network asset into view, reducing the chance of neglected assets becoming entry points for bad actors. The Microsegmentation module minimizes the impact of compromised assets. The full Enclave suite satisfies 35 CIS v8 Controls. Implementation is as simple as installing an agent. Enclave offers a comprehensive solution to secure networking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
26.76%
Tags
none
News
SideChannel Reports Quarterly Revenue Growth of 37%
Rhea-AI Summary
SideChannel, a leading provider of cybersecurity services and technology, announced its financial results for Q3 2023. Highlights include revenue of $1.8 million, up 37.1% YoY, gross margin of 49.9%, and a net loss of $0.7 million. Trailing twelve-month revenue reached $6.1 million. Cash as of June 30, 2023, was $1.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.47%
Tags
none
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SideChannel Inc

OTC:SDCH

SDCH Rankings

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SDCH Stock Data

13.32M
110.18M
49.82%
Semiconductor and Related Device Manufacturing
Manufacturing
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United States
Worcester