Castellum, Inc. Generates Record Monthly Revenue
30 Junho 2023 - 7:45AM
Castellum, Inc. (the “Company”) (NYSE-American: CTM), a
cybersecurity and electronic warfare services company focused on
the federal government, announces that it had a record month for
revenue in May 2023.
“We produced a record $4.25 million in unaudited
revenue for May,” said Mark Fuller, President and Chief Executive
Officer of Castellum. “That amount represents a $51 million
annualized run rate, a new high-water mark, and is consistent with
our previously announced guidance for the next 12 months. We thank
our 280+ employees, who deserve credit for providing superior
customer service and helping support our nation’s defense. As we
approach America’s 247th birthday, Castellum is well positioned to
continue our growth over the next several years.”
Cautionary Statement Concerning
Forward-Looking Statements
This release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These forward-looking statements represent the Company’s
expectations or beliefs concerning future events and can generally
be identified by the use of statements that include words such as
“estimate,” “project,” “believe,” “anticipate,” “shooting to,”
“intend,” “plan,” “foresee,” “likely,” “will,” “would,” “appears,”
“goal,” “target” or similar words or phrases. Forward-looking
statements include, but are not limited to, statements regarding
the Company’s expectations for revenue growth and new customer
opportunities, improvements to cost structure, and profitability.
These forward-looking statements are subject to risks,
uncertainties, and other factors, many of which are outside of the
Company’s control, that could cause actual results to differ
materially from the results expressed or implied in the
forward-looking statements, including, among others: the Company’s
ability to compete against new and existing competitors; its
ability to effectively integrate and grow its acquired companies;
its ability to identify additional acquisition targets and to
finance and close those additional acquisitions; the impact on the
Company’s revenue due to the delay in the U.S. Congress approving a
federal budget and the Company’s ability to maintain the listing of
its common stock on the NYSE American LLC. For a more detailed
description of these and other risk factors, please refer to the
Company’s Quarterly Reports on Form 10-Q and Annual Report on Form
10-K and other filings with the Securities and Exchange Commission
(“SEC”) which can be viewed at www.sec.gov. All forward-looking
statements are inherently uncertain, based on current expectations
and assumptions concerning future events or future performance of
the Company. Readers are cautioned not to place undue reliance on
these forward-looking statements, which are only predictions and
speak only as of the date hereof. The Company expressly disclaims
any intent or obligation to update any of the forward-looking
statements made in this release or in any of its SEC filings except
as may be otherwise stated by the Company.
Contact:
Skyline Corporate Communications Group, LLC Lisa
Gray, Senior Account Manager One Rockefeller Plaza, 11th Floor
New York, NY 10020 Office: 646.893.5835 x1
Email: lisa@skylineccg.com; info@castellumus.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/1bc48388-ad3a-4868-80af-a94d8b6efbb7
Castellum (AMEX:CTM)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Castellum (AMEX:CTM)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024