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TRACK GROUP INC - $TRCK STOCK NEWS

Welcome to our dedicated page for TRACK GROUP news (Ticker: $TRCK), a resource for investors and traders seeking the latest updates and insights on TRACK GROUP stock.

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 TRACK GROUP'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 TRACK GROUP's position in the market.

Rhea-AI Summary
Track Group, Inc. (TRCK) reported financial results for Q1 FY24, including a 1% increase in total revenue to $9.0M, a 1% increase in gross profit to $4.2M, and an operating loss of ($0.2M). The company saw a 4% increase in revenue compared to the previous quarter, driven by increased activity in Illinois, Canada, and Brazil. However, the operating loss increased by 30% due to higher operating expenses, leading to a decline in net income attributable to shareholders.
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Track Group, Inc. (TRCK) announced financial results for its fiscal year ended September 30, 2023, including a total revenue of $34.5M, a decrease of 6.7% from the previous year, and a net loss attributable to common shareholders of ($3.4M) in FY23.
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TRACK GROUP INC

OTC:TRCK

TRCK Rankings

TRCK Stock Data

3.14M
8.89M
27.89%
39.67%
Other Communications Equipment Manufacturing
Manufacturing
Link
United States of America
Salt Lake City

About TRCK

on 1 october, 2014 we become one unified, global brand, poised to execute on our strategy and drive our business forward. track group is committed to delivering a superior portfolio of reliable, tracking and intervention monitoring products and services for the global offender management marketplace. we have a proven record of success leveraging new tracking technologies to create valuable solutions for our customers and maximize investment returns for our shareholders. our core purpose is to enrich people’s lives by innovating the way information is captured, organized and used.