Connectm Technology Solutions (CNTM) Expected to Announce Quarterly Earnings on Wednesday

Posted by Karen Miller on Mar 5th, 2025

Connectm Technology Solutions (NASDAQ:CNTM – Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 12th. Analysts expect Connectm Technology Solutions to post earnings of ($0.06) per share for the quarter.

Connectm Technology Solutions (NASDAQ:CNTM – Get Free Report) last issued its quarterly earnings data on Friday, December 13th. The company reported ($0.61) EPS for the quarter. During the same period last year, the business earned ($0.12) EPS.

Connectm Technology Solutions Trading Up 3.2 %

CNTM opened at $0.63 on Wednesday. The firm has a fifty day moving average price of $1.05 and a 200 day moving average price of $1.00. Connectm Technology Solutions has a 1 year low of $0.57 and a 1 year high of $12.47.

Insiders Place Their Bets

In other Connectm Technology Solutions news, insider Mahesh Choudhury bought 27,800 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were purchased at an average cost of $1.09 per share, for a total transaction of $30,302.00. Following the transaction, the insider now directly owns 259,768 shares of the company’s stock, valued at approximately $283,147.12. The trade was a 11.98 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 33.97% of the company’s stock.

Connectm Technology Solutions Company Profile

(Get Free Report)

Connectm Technology Solutions, Inc is a technology company, which engages in the electrification economy by integrating electrified energy assets with an AI-driven technology solutions platform. It provides solutions for residential and light commercial buildings, and all-electric original equipment manufacturers (OEMs), with a proprietary digital platform to accelerate the transition to solar and all-electric heating, cooling, and transportation to reduce dependence on fossil fuels, overall energy costs, and carbon footprint.