Senstar Technologies Corporation (NASDAQ: SNT) Q1 2025 Earnings Call | 05/27/2025

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Senstar Technologies Corporation reported Q1 2025 results on May 27, 2025, delivering strong double-digit revenue growth and a significant turnaround in profitability. Revenue for the quarter increased 12.5% year-over-year to $8.4 million, driven by robust demand across core verticals such as Corrections, Energy, and Logistics, as well as growing traction for the company’s MultiSensor security solution. Gross margin improved sharply by 752 basis points to 67.2%, reflecting a favorable product mix and ongoing design and cost optimization efforts. Net income reached $1.0 million ($0.04 per share), a reversal from a net loss of $0.7 million in Q1 2024, while EBITDA surged to $1.2 million, up from just $114,000 a year ago. Operating expenses increased slightly by 2% to $4.6 million, as targeted investments in marketing and sales for high-growth sectors were partially offset by optimized R&D spending. Operating income improved to $1.0 million from a loss of $73,000 in the prior year. Senstar ended the quarter with a strong balance sheet, holding $22 million in cash and short-term deposits and no debt. Regionally, Canada led with 58% revenue growth, APAC grew 40%, and EMEA rose 19%, while the U.S. saw a slight 2% decline due to contract timing. The company’s localization strategy in Canada insulated it from tariff impacts, and new product launches like Cascade Plus further strengthened its market position. Outlook: Management expects continued margin expansion and topline growth, supported by new MultiSensor wins and a focus on high-growth sectors such as energy, logistics, and corrections. Ongoing investment in business development and innovation positions Senstar to capture further market share in the $10 billion global security market. The company remains committed to cost control, operational efficiency, and leveraging its strong cash position for sustainable growth. #Senstar #SNT #EarningsCall #Q12025 #Security #MultiSensor #GrossMargin #Profitability #Canada #Investing #InsideTicker