NasdaqGM - Delayed Quote USD

ConnectM Technology Solutions, Inc. (CNTM)

1.1500

+0.0500

+(4.55%)

At close: January 10 at 4:00:00 PM EST

ConnectM Files 10-Q, Announces Third Quarter 2024 Financial Results

~ Results In-Line with Previously Announced Third Quarter Preliminary Results ~ ~ Third Quarter Revenue Increased 39% to $6.1 Million YoY and 11% from Second Quarter 2024 ~ ~ FY2024 Projected Revenue of $20.0 Million, Representing a 20% YoY Increase ~ ~ On Track to Achieve Operating Cash Flow Breakeven by The First Quarter of 2025 ~ MARLBOROUGH, Mass., Dec. 16, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused

GlobeNewswire 26 days ago

CNTM
+4.55%
ConnectM Announces Receipt of Notice from Nasdaq Regarding Delayed Filing of Company’s Quarterly Report

MARLBOROUGH, Mass., Dec. 12, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced that on December 6, 2024, it received a notice from the staff of the Listing Qualifications Department of Nasdaq stating that because the Company had not filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Filing”), it no longer complies with Nasdaq Lis

GlobeNewswire 30 days ago

CNTM
+4.55%
ConnectM Releases Preliminary Third Quarter 2024 Results & Details Significant Operational Progress

~ Third Quarter Revenue Increased 36% to $6.1 million YoY~ ~ Revenues For The Nine Months Increased 11% to $17.3 million ~ ~ FY2024 On-Track to Deliver Revenue of North of $24.0 million, an Increase of 20% YoY ~ ~ On Track to Achieve Operating Cash Flow Breakeven in The First Quarter of 2025~ MARLBOROUGH, Mass., Nov. 19, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today ann

GlobeNewswire last month

CNTM
+4.55%
ConnectM to Participate in the 13th Annual Roth Technology Conference

MARLBOROUGH, Mass., Nov. 07, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced that Bhaskar Panigrahi, CEO, and Bala Padmakumar, Vice Chairman, Corporate Development and Investor Relations, will participate in the 13th Annual Roth Technology Conference being held on November 19-20, 2024, at the Hard Rock Hotel in New York City. Mr. Panigrahi will conduct one-on-on

GlobeNewswire 2 months ago

CNTM
+4.55%
ConnectM Launches Intelligent AI-Driven Heat Pump Following AHRI Cold Climate Certification

MARLBOROUGH, Mass., Oct. 24, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced its groundbreaking AI-powered heat pump has received the prestigious AHRI (Air-Conditioning Heating and Refrigeration Institute) Cold Climate Certification, representing a significant milestone in energy-efficient heating solutions. This certification follows the previously announced la

GlobeNewswire 2 months ago

CNTM
+4.55%
ConnectM Publishes Impact Scorecard for the Three Months Ended September 30, 2024

~ Delivers Triple Digit Increases Across Electrification Metrics in 3Q24 Compared to the Prior Year Period ~ MARLBOROUGH, MA / ACCESSWIRE / October 17, 2024 / ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a technology ...

ACCESSWIRE 2 months ago

CNTM
+4.55%
ConnectM Announces Strategic Acquisition of Green Energy Gains Inc.

~ Advances M&A Strategy and Completes Second Acquisition Since Public Listing in July 2024 ~ ~ Acquisition Immediately Increases the Customer Base of ConnectM's Proprietary Electric Heat Pump, Serving as an Entry Point for Home Energy Assessment (HEA) ...

ACCESSWIRE 3 months ago

CNTM
+4.55%
ConnectM Secures Transformative Master Services Agreement with Devlin Energy, Most Trusted Solar and Battery Retrofit Installer in New England

~ Expected to Add $20+ Million in Revenue in Next Twelve Months ~ ~ Completed MSA and Pipeline of MSAs Unique to ConnectM’s Growth Strategy, Offers Topline Growth and Profitability at an Accelerated Pace ~ MARLBOROUGH, Mass., Oct. 01, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced it has entered into a Master Services Agreement (the “MSA”) with Devlin Contracti

GlobeNewswire 3 months ago

CNTM
+4.55%
ConnectM Eliminates $13.7 Million Debt

~ Completed Conversions of $6.2 Million Debt-to-Equity in Second Tranche ~ MARLBOROUGH, Mass., Sept. 26, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced the Company has completed its second tranche of a debt-to-equity swap by converting an additional $6.2 million of the Company’s outstanding debt to common equity at $2.00 per share, bringing the current total to

GlobeNewswire 3 months ago

CNTM
+4.55%
ConnectM Successfully Eliminates $7.5 Million in Debt, Reaching Halfway Mark in Debt-To-Equity Conversion

~ Conversion Reduces Annual Interest Expense by $1.8 Million Transferring to Free Cash Flow of Equal Value ~ MARLBOROUGH, Mass., Sept. 17, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced the Company has completed more than half of its initial tranche of a debt-to-equity swap by converting $7.5 million of the Company’s outstanding debt to common equity at $2.00 p

GlobeNewswire 3 months ago

CNTM
+4.55%
ConnectM Prepares to Deleverage Balance Sheet with Board’s Approval of Debt-to-Equity Conversion

~ Opens Trading Window for Management ~MARLBOROUGH, Mass., Aug. 28, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced that the Company’s Board of Directors has approved a debt equity swap to deleverage the balance sheet, converting up to $15 million of the Company’s outstanding debt to common equity at $2.00 per share. In addition to the Board’s approval of the de

GlobeNewswire 4 months ago

CNTM
+4.55%
ConnectM Publishes New Investor Materials

~ Investor Presentation Now Accessible Via Investor Relations Website and on File with SEC ~ ~ Highlights Asset Light and Capital Efficient Energy Intelligence Network ~ MARLBOROUGH, Mass., Aug. 22, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today published its investor presentation to the Company’s investor relations website, which can be accessed here. The Company’s inve

GlobeNewswire 4 months ago

CNTM
+4.55%
ConnectM Ranks No. 104 on the Inc. 5000

For the Third Consecutive Year, ConnectM Earns a Spot on the Inc. 5000 Achieving Three-Year Revenue Growth of 1,200%NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Inc. announced today that ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM"), a technology company focused on the electrification economy, has secured the No. 104 spot on its prestigious Inc. 5000 list, which ranks the fastest-growing private companies in America. In addition, ConnectM ranked No. 5 among energy companies and

GlobeNewswire 4 months ago

CNTM
+4.55%
ConnectM Publishes Impact Scorecard for the Six Months Ended June 30, 2024

~ Cumulative Electrification of 87 GWh Compared to 29 GWh in 1H23 ~ ~ Significant Growth of Electrified Assets Validates Technology of Energy Intelligence Network ~ MARLBOROUGH, Mass., Aug. 12, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today published an impact scorecard for the six months ending June 30, 2024. Going forward, the Company will publish a quarterly scorecard

GlobeNewswire 4 months ago

CNTM
+4.55%
ConnectM Announces Agreement to Acquire a Controlling Interest in DeliveryCircle

~ Advances M&A Strategy with First Acquisition Following Public Debut in July 2024 ~ ~ Enters $165B U.S. Couriers and Local Delivery Services Market ~ ~ DeliveryCircle Provides Immediate Accretive Financial Metrics to ConnectM ~ MARLBOROUGH, Mass., Aug. 06, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced it has signed a definitive agreement (the “Purchase Agreem

GlobeNewswire 5 months ago

CNTM
+4.55%
ConnectM Introduces Innovative AI-Driven Heat Pump

New system aims to enhance home heating and cooling with advanced technology and efficiencyMARLBOROUGH, Mass., July 16, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced the launch of its new intelligent heat pump system designed for residential and light commercial use. This system integrates with ConnectM's Energy Intelligence Network and features an IoT-enabled

GlobeNewswire 5 months ago

CNTM
+4.55%

Performance Overview

Return	CNTM	S&P 500
YTD	-5.74%	-1.35%
1-Year	-89.48%	+22.51%
3-Year	-88.32%	+24.59%

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ConnectM Technology Solutions, Inc. (CNTM)

ConnectM Files 10-Q, Announces Third Quarter 2024 Financial Results

ConnectM Announces Receipt of Notice from Nasdaq Regarding Delayed Filing of Company’s Quarterly Report

ConnectM Releases Preliminary Third Quarter 2024 Results & Details Significant Operational Progress

ConnectM to Participate in the 13th Annual Roth Technology Conference

ConnectM Launches Intelligent AI-Driven Heat Pump Following AHRI Cold Climate Certification

ConnectM Publishes Impact Scorecard for the Three Months Ended September 30, 2024

ConnectM Announces Strategic Acquisition of Green Energy Gains Inc.

ConnectM Secures Transformative Master Services Agreement with Devlin Energy, Most Trusted Solar and Battery Retrofit Installer in New England

ConnectM Eliminates $13.7 Million Debt

ConnectM Successfully Eliminates $7.5 Million in Debt, Reaching Halfway Mark in Debt-To-Equity Conversion

ConnectM Prepares to Deleverage Balance Sheet with Board’s Approval of Debt-to-Equity Conversion

ConnectM Publishes New Investor Materials

ConnectM Ranks No. 104 on the Inc. 5000

ConnectM Publishes Impact Scorecard for the Six Months Ended June 30, 2024

ConnectM Announces Agreement to Acquire a Controlling Interest in DeliveryCircle

ConnectM Introduces Innovative AI-Driven Heat Pump

Performance Overview