$GTXO GTX Corp (OTC:GTXO) – As the earnings seas
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Posted On: 05/23/2022 11:07:32 AM
$GTXO GTX Corp (OTC:GTXO) – As the earnings season continues, there may be certain companies that may be worth looking into, and GTX Corp, which announced its financial results on May 19, could be one of those. The wearable GPS products company had a bit of a mixed quarter and actually saw its revenues decline by as much as 27% year on year.
However, on the other hand, the company recorded higher gross margins of as much as 42%. In the prior-year period, the gross margins had stood at 36%. In addition to that, it is interesting to note that the expenses of GTX Corp on benefits, wages, and miscellaneous profession fees actually decline by 2% on a year-on-year basis. It remains to be seen if the stock comes into focus today or not.
https://topnewsguide.com/2022/05/23/stocks-in...rshn-gtxo/
However, on the other hand, the company recorded higher gross margins of as much as 42%. In the prior-year period, the gross margins had stood at 36%. In addition to that, it is interesting to note that the expenses of GTX Corp on benefits, wages, and miscellaneous profession fees actually decline by 2% on a year-on-year basis. It remains to be seen if the stock comes into focus today or not.
https://topnewsguide.com/2022/05/23/stocks-in...rshn-gtxo/
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