VASO stock rises 2.2% after Q4 revenue growth and solid segment gains.

From Zacks Investment Research: 2025-04-07 12:20:00

Shares of Vaso Corporation (VASO) have risen 2.2% since reporting earnings for Q4 2024, outperforming the S&P 500’s decline of 8.9%. Quarterly revenues increased by 23.4% to $27 million, with net income surging 98.7% to $2.1 million. Full-year revenues reached a record $86.8 million, but net income dropped 80.2% to $0.9 million due to higher operating expenses. Each business segment contributed to revenue growth, with the IT segment up 13.6% and professional sales service up 31.2%. Adjusted EBITDA for Q4 was $2.3 million, up 108.5%. Despite terminating a business combination, Vaso remains focused on growth and profitability.



Read more at Zacks Investment Research: VASO Stock Rises Post Q4 Revenue Growth and Solid Segment Gains – April 7, 2025