(via NewsDirect)
The company has implemented operational improvements and cost reduction strategies, resulting in a 34% year-over-year improvement in Adjusted EBITDA.
Nakhla highlighted the company's optimism for 2024, driven by the anticipated closing of the previously announced
During the quarter,
Additionally, 15 new Tribe Home Pro software licensing agreements were signed in Q3 for new construction projects, totaling 29 software license agreements in the first nine months of 2023.
Bartoli emphasized that despite concerns in the real estate market and increasing interest rates, the company expects continued growth. Tribe has a robust pipeline of new development opportunities, strategic partnerships, and new software agreements. The company is also actively negotiating additional acquisition targets to further expand its reach.
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