Overview

* Castellum Q3 revenue of $14.6 mln beats analyst expectations

* Company reports first-ever quarterly GAAP net income, reflecting improved operating performance

* Castellum ends Q3 with record cash balance and reduced total debt

Outlook

* Castellum focuses on long-term growth through strategic investments and M&A opportunities

* Company aims to drive growth through prime contract wins and product development

* Castellum expects continued momentum to create long-term shareholder value

Result Drivers

* REVENUE GROWTH - Castellum achieved record revenue of $14.6 mln, marking its third consecutive quarter of year-over-year organic growth

* COST DISCIPLINE - Improved operating profit reflects continued cost discipline and increasing operating leverage

* CASH AND DEBT MANAGEMENT - Record cash balance of $17.8 mln and reduced total debt to $2.4 mln enhance financial flexibility

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $14.60 $14.13

Revenue mln mln (1

Analyst)

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the it services & consulting peer group is "buy"

* Wall Street's median 12-month price target for Castellum Inc ( CTM ) is $3.00, about 61.7% above its November 6 closing price of $1.15

* The stock recently traded at 115 times the next 12-month earnings vs. a P/E of 205 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)