Connectm Technology Solutions (CNTM) to Release Earnings on Wednesday

Posted by Floyd Graber on Mar 5th, 2025

Connectm Technology Solutions (NASDAQ:CNTM – Get Free Report) is anticipated to release its earnings data 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 results on Friday, December 13th. The company reported ($0.61) EPS for the quarter. During the same period in the previous year, the firm posted ($0.12) earnings per share.

Connectm Technology Solutions Stock Performance

Shares of CNTM stock opened at $0.63 on Wednesday. Connectm Technology Solutions has a fifty-two week low of $0.57 and a fifty-two week high of $12.47. The stock’s fifty day moving average is $1.05 and its two-hundred day moving average is $1.00.

Insider Activity

In related news, insider Mahesh Choudhury acquired 27,800 shares of Connectm Technology Solutions stock in a transaction that occurred on Friday, December 20th. The shares were purchased at an average price of $1.09 per share, for a total transaction of $30,302.00. Following the completion of the transaction, the insider now owns 259,768 shares in the company, valued at $283,147.12. This represents a 11.98 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 33.97% of the company’s stock.

About Connectm Technology Solutions

(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.