Castellum Secures $3.2M Contract to Enhance Cybersecurity

Castellum, Inc. has secured a significant contract worth $3.2 million to enhance cybersecurity for Naval Air Warfare systems. This positive development contributed to a 22.76% increase in CTM's stock price.

Date: 15-01-2025

AI Rating: 7

Earnings Per Share (EPS)
No information regarding EPS was mentioned in the report.

Revenue Growth
The report does not provide any specific data on revenue growth.

Net Income
No net income figures are disclosed in the content presented.

Profit Margins
No information regarding profit margins is available in the text.

Free Cash Flow (FCF)
The text does not mention Free Cash Flow.

Return on Equity (ROE)
There is no information about return on equity offered in the report.

Overall, the report indicates a positive development with Castellum securing a valued contract, which likely strengthens its market position, especially in the cybersecurity sector. The 22.76% increase in stock price reflects investor confidence in the company’s ability to execute this contract successfully. The context of government contracts in cybersecurity suggests a growing demand, enhancing the company's future prospects.

Stocks: CTM