ConnectM Technology Solutions, Inc. (CNTM)

NASDAQ: CNTM · Real-Time Price · USD
0.627
+0.013 (2.10%)
At close: Mar 26, 2025, 4:00 PM
0.556
-0.071 (-11.37%)
After-hours: Mar 26, 2025, 4:24 PM EST
2.10%
Market Cap 13.25M
Revenue (ttm) 21.79M
Net Income (ttm) -21.20M
Shares Out 21.12M
EPS (ttm) -1.00
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 504,565
Open 0.629
Previous Close 0.614
Day's Range 0.612 - 0.640
52-Week Range 0.470 - 10.510
Beta 0.15
Analysts n/a
Price Target n/a
Earnings Date May 23, 2025

About CNTM

ConnectM Technology Solutions, Inc., a clean technology company, provides a digital platform for the electrification and decarbonization needs of homeowners in the United States and India. It operates through Electrification, Decarbonization, OEM/EV, and Managed Services segments. The company offers residential and light commercial buildings, and all-electric original equipment manufacturers with a digital platform to accelerate the transition to solar and all-electric heating, cooling, and transportation. It also operates Aurai, an electrifica... [Read more]

Sector Technology
Founded 2007
Employees 154
Stock Exchange NASDAQ
Ticker Symbol CNTM
Full Company Profile

Financial Performance

In 2023, CNTM's revenue was $19.97 million, an increase of 29.34% compared to the previous year's $15.44 million. Losses were -$9.15 million, 158.5% more than in 2022.

Financial numbers in USD Financial Statements

News

ConnectM Issues Stockholder Letter from CEO & Chairman

MARLBOROUGH, Mass. , March 25, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy...

1 day ago - PRNewsWire

13.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 46.4%

MARLBOROUGH, Mass. , March 24, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy...

2 days ago - PRNewsWire

7.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 33%

MARLBOROUGH, Mass. , March 19, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

7 days ago - PRNewsWire

ConnectM Requests Nasdaq Hearing for Continued Listing

MARLBOROUGH, Mass. , March 17, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

9 days ago - PRNewsWire

ConnectM to Present at the 37th Annual ROTH Conference

MARLBOROUGH, Mass. , March 17, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

9 days ago - PRNewsWire

ConnectM Announces Institutional Investor Filing of Schedule 13G, Representing 6.9% of Outstanding Shares

MARLBOROUGH, Mass. , March 14, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

12 days ago - PRNewsWire

ConnectM Announces $10 Million Share Repurchase Program

MARLBOROUGH, Mass. , March 13, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electr...

13 days ago - PRNewsWire

ConnectM Technology Solutions, Inc. Announces Nasdaq Delisting Notification

MARLBOROUGH, Mass. , March 12, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (" ConnectM " or the " Company "), a high-growth technology company on the leading edge of the el...

14 days ago - PRNewsWire

ConnectM Announces Continued Strong Growth and Expanding Market Share

~ Four new OEM customers added and order volume on track to double in 2025 ~ MARLBOROUGH, Mass. , March 6, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "C...

20 days ago - PRNewsWire

ConnectM to Expand its Building Electrification Segment Internationally to Capitalize on Surging Global Demand

~ Company targeting Europe, the Middle East and Asia as key growth opportunities ~ MARLBOROUGH, Mass. , March 4, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or ...

22 days ago - PRNewsWire

Join ConnectM's Exclusive Live Investor Webinar and Q&A Session on March 4

MARLBOROUGH, Mass. , Feb. 28, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, is ple...

26 days ago - PRNewsWire

ConnectM Eliminates an Additional $1.9 Million of Debt

MARLBOROUGH, Mass. , Feb. 27, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electri...

27 days ago - PRNewsWire

ConnectM Retires Additional $1.9 Million Debt, Eliminating $31M in Total Liabilities to Date - On Track to be Debt-free by Q2 2025

~ Currently operating at a $45M revenue run rate ~ ~ On Track to Achieve Operating Cash Flow Breakeven in Q1 2025 ~ MARLBOROUGH, Mass. , Feb. 27, 2025 /PRNewswire/ -- ConnectM Technology Solutions, In...

27 days ago - PRNewsWire

ConnectM Announces Q1 2025 Preliminary Revenue Guidance of $11.3M, Representing a 100% Year-Over-Year Surge

~ Q1'25 guidance increases ConnectM's annual revenue run rate to $45.2M ~ ~ Exceptional growth fueled by surging demand for ConnectM's AI-driven electrification platforms and strategic customer expans...

4 weeks ago - PRNewsWire

ConnectM Announces Explosive Growth in EV Solutions, Driven by OEM Partnerships and Surging Demand

~200% year-over-year revenue growth in EV Solutions, fueled by adoption across major automotive OEMs~ ~9 new OEM partnerships secured in the past 12 months, including VST Tractors, Force Motors, and J...

5 weeks ago - PRNewsWire

ConnectM Announces Receipt of Notice from Nasdaq That ConnectM has Regained Compliance with Nasdaq Rule

MARLBOROUGH, Mass. , Feb. 14, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, had pr...

5 weeks ago - PRNewsWire

ConnectM Raises Q4 '24 Revenue Guidance to $9M, Up 102% Year-over-Year, Surpassing Prior Estimates by $2M

~Revised FY2024 revenue guidance is $26.3M instead of previous guidance of $24M~~Company expects to provide Q1 '25 guidance in the next two weeks~ MARLBOROUGH, Mass. , Feb. 13, 2025 /PRNewswire/ -- Co...

5 weeks ago - PRNewsWire

ConnectM Raises Q4 ‘24 Revenue Guidance to $9M, Up 102% Year-over-Year, Surpassing Prior Estimates by $2M

~Revised FY2024 revenue guidance is $26.3M instead of previous guidance of $24M ~Company expects to provide Q1 ‘25 guidance in the next two weeks~ MARLBOROUGH, Mass., Feb. 12, 2025 (GLOBE NEWSWIRE) --...

6 weeks ago - GlobeNewsWire

ConnectM Publishes 2024 Impact Scorecard

~Ends 2024 With Triple Digit Growth Across All Electrification Metrics~ MARLBOROUGH, Mass., Feb. 10, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Comp...

6 weeks ago - GlobeNewsWire

ConnectM Acquires MHz Invensys, Enhancing Wireless Communication Solutions

Company Expected to Generate an Additional $15M of Revenue from the AMI Vertical by the End of 2027 Acquisition Bolsters ConnectM's Wireless Solutions for Smart Metering and Allows Expansion into Key ...

2 months ago - GlobeNewsWire

ConnectM Launches Automotive Graphics Visual Unit

New Product Expected to Drive Continued Growth in the Company's OEM Segment MARLBOROUGH, Mass., Jan. 16, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the ...

2 months ago - GlobeNewsWire

ConnectM Announces Managed Services Agreement with Service Provider, County Comfort

MARLBOROUGH, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a leader in the electrification economy, today announced its who...

2 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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,...

3 months ago - GlobeNewsWire

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 o...

4 months ago - GlobeNewsWire