Cematrix Q3 operating income drops 75% to $700,000; Q3 revenue falls 22% to $11.9 million
Bitget2026/10/28 21:24- Cematrix’s third-quarter 2026 basic earnings per share fell 62% year over year to 0.5 cents.
- Revenue dropped 22% year over year to $11.9 million.
- Management attributed the weaker quarter primarily to several large projects starting in mid-September rather than mid-August.
- Fourth-quarter revenue is expected between $18 million and $22 million, with management maintaining its outlook for record financial performance in 2026.
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