OTTAWA, ON , Aug. 15, 2024 /PRNewswire/ -- Senstar Technologies Corporation (NASDAQ: SNT), a leading international provider of comprehensive physical, video and access control security products and solutions, will report financial results for its second quarter ended June 30, 2024, on Monday, August 26, 2024. Management will conduct a conference call to review the Company's financial results at 5:00 p.m. Eastern Time the same day. Earnings Conference Call Information: To participate, please use one of the f ...

Kim Rogers - IR, Hayden IR Fabien Haubert - CEO Alicia Kelly - CFO Operator Under our recently appointed new leadership, the U.S. team is making fantastic progress in developing our position with strong business development activity, especially in the data centers and utilities segment. Looking ahead, we're most excited about the official launch of MultiSensor this quarter. MultiSensor is our new AI-based inclusion detection system that uses an embedded sensor fusion engine to intelligently synthesize data ...

Financial Performance - Revenue for Q1 2024 was $7.5 million, a 17% increase compared to $6.4 million in Q1 2023 [11][15] - Gross profit for Q1 2024 was $4.5 million, representing a gross margin of 59.6%, up from 55.7% in Q1 2023 [11][14][15] - Net loss for Q1 2024 was ($0.7) million, or ($0.03) per share, compared to ($1.9) million, or ($0.08) per share, in Q1 2023 [11][14][17] - EBITDA for Q1 2024 was $114,000, a significant improvement from negative EBITDA of ($1.4) million in Q1 2023 [8][14] Balance Sheet and Cash Position - Cash and cash equivalents plus short-term bank deposits totaled $15.8 million as of March 31, 2024, up from $14.9 million at December 31, 2023 [14][18] - Total current assets were $32.6 million as of March 31, 2024, compared to $34.3 million at December 31, 2023 [4] - Total liabilities decreased to $12.2 million as of March 31, 2024, from $13.1 million at December 31, 2023 [2] Operational Highlights - Operating expenses decreased by 15% to $4.6 million in Q1 2024 compared to $5.3 million in Q1 2023, driven by corporate structure streamlining and resource realignment [11][26] - Research and development expenses decreased by 6% to $982,000 in Q1 2024, representing 13.1% of revenue, down from 16.1% in Q1 2023 [11] - Selling and marketing expenses decreased by 14% to $2.1 million in Q1 2024, representing 27.9% of revenue, down from 38.0% in Q1 2023 [11] Strategic Developments - The company completed its redomiciliation process to Canada and appointed a seasoned Canadian executive team [14][25] - Preparations for the launch of MultiSensor, a new AI-based intrusion detection system, are progressing according to schedule with anticipated sales beginning in fall 2024 [15] - The company is focusing on continuous improvement across key metrics for the remainder of 2024 [25]

OTTAWA, ON, June 4, 2024 /PRNewswire/ -- Senstar Technologies Corporation (NASDAQ: SNT), a leading international provider of comprehensive physical, video and access control security products and solutions, will report financial results for its first quarter ended March 31, 2024, on Thursday, June 13, 2024. Management will conduct a conference call to review the Company's financial results at 5:00 p.m. Eastern Time the same day. Earnings Conference Call Information: To participate, please use one of the fol ...

Company Participants Operator Kim Rogers Before we start, I'd like to point out that this conference call may contain projections or other forward-looking statements regarding future events or the company's future performance. These statements are only predictions, and Senstar cannot guarantee that they will, in fact, occur. Senstar does not assume any obligation to update that information. Actual events or results may differ materially from those projected, including as a result of changing market trends, ...

Senstar Technologies Ltd. (NASDAQ:SNT) Q3 2023 Earnings Conference Call November 30, 2023 10:00 AM ET Brett Maas - Hayden IR Fabien Haubert - Interim CEO Tomer Hay - CFO Operator It is now my pleasure to introduce your host, Brett Maas of Hayden IR. Thank you, sir. You may begin. Thank you. Welcome, and thank you for joining us today. I want to thank the management of Senstar Technologies for hosting today's call. With us on the call today from the company are Fabien Haubert, Interim CEO; Tomer Hay, CFO; an ...

Senstar Technologies Ltd (NASDAQ:SNT) Q2 2023 Earnings Conference Call September 6, 2023 10:00 AM ET Company Participants Kimberly Rogers - Hayden IR Fabien Haubert - Interim CEO Tomer Hay - CFO Conference Call Participants Operator Hello, and welcome to the Senstar Technologies Second Quarter 2023 Financial Results Conference Call and Webcast. [Operator Instructions]. It's now my pleasure to turn the call over to Kim Rogers of Hayden IR. Please go ahead, Kim. Kimberly Rogers Thank you, Kevin. Welcome, and ...

Senstar Technologies Ltd. (NASDAQ:SNT) Q1 2023 Earnings Conference Call June 6, 2023 10:00 AM ET Company Participants Kim Rogers - Hayden Investor Relations Fabien Haubert - Interim Chief Executive Officer Tomer Hay - Chief Financial Officer Conference Call Participants Operator Greetings and welcome to the Senstar Technologies First Quarter 2023 Financial Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Kim Roge ...

SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...

(Full year 2022 results for the twelve months ended December 31, 2022 are compared to the comparable twelve month period of 2021, except as mentioned.) Fourth Quarter 2022 Business Highlights: (Fourth quarter 2022 results for the three months ended December 31, 2022 compared to the comparable three month period of 2021, except as mentioned.) • Revenue grew to $35.6 million versus $34.9 million, with gross margin of 61% compared to 63%. • Operating expense reduced by 4% for an operating income increase of ov ...