Castellum, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 04:08 pm EDT
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Castellum, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 12.48 million compared to USD 11.06 million a year ago. Net loss was USD 2.1 million compared to USD 4.72 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.2 a year ago.
For the six months, sales was USD 22.41 million compared to USD 21.05 million a year ago. Net loss was USD 6.42 million compared to USD 6.12 million a year ago. Basic loss per share from continuing operations was USD 0.14 compared to USD 0.27 a year ago.
Castellum, Inc. is a technology company in the areas of cybersecurity, information technology (IT), electronic warfare, information warfare, and information operations with businesses in the defense, federal, civilian, and commercial markets. Its services include intelligence analysis, software development, software engineering, program management, strategic and mission planning, information assurance, cybersecurity and policy support, data analytics and model-based systems engineering (MBSE). The Company develops information warfare and information operations (IW/IO) plans, exercises, doctrine, and training for the Military Services and the Combatant Commands in domestic and deployed overseas locations. It provides platform integration, modernization, and sustainment; system engineering; training and simulation services and logistics engineering. It offers expertise and technology to defense, intelligence and civilian agencies of the United States federal, state and local governments.