Paragon Technologies News Release
- Paragon Technologies, a holding company, announced its financial results for the second quarter and the first half of 2024.
- The results were disclosed on August 9, 2024, providing insights into the company's performance.
- Investors will likely analyze these results for future trends and company direction.
EASTON, PA / ACCESSWIRE / August 9, 2024 – Paragon Technologies, Inc. (OTC PINK: PGNT) has released its financial results for the three and six months ending June 30, 2024. The company encourages shareholders to review the detailed quarterly report available on its website, www.pgntgroup.com. The report highlights the company's investment gains and losses, which are derived from its investment portfolio, and emphasizes the use of pre-tax operating income as a key financial metric. In its financial analysis, Paragon Technologies distinguishes pre-tax operating earnings from investment gains and losses. This approach provides a clearer picture of the company's operational performance, excluding the volatility associated with its investment activities. The company’s results reflect its ongoing efforts to manage its financial health amid fluctuating market conditions. Paragon Technologies also issued a cautionary note regarding forward-looking statements, which pertain to its operations, financial condition, and performance expectations. These statements are subject to various risks and uncertainties that could lead to actual results differing significantly from projections. Key risks include economic conditions, revenue expansion challenges, technological changes, and customer retention issues. The company acknowledges that new risk factors may arise, complicating its ability to predict future outcomes. Paragon Technologies does not commit to updating forward-looking statements, urging readers to exercise caution and not place undue reliance on such projections. For further inquiries, the company can be contacted via email at [email protected].