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Paragon Technologies News Release

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Paragon Technologies, Inc. (OTC PINK:PGNT) has released its financial results for the three and six months ended June 30, 2024. The company, which operates as a holding company, made this announcement on August 9, 2024. Paragon has provided a Consolidated Statement of Operations comparing the periods ended June 30, 2024, and 2023.

Key points from the release include:

  • Shareholders are advised to review the detailed quarterly report available at www.pgntgroup.com
  • The company's investment gains or losses reflect realized changes in its investment portfolio
  • Paragon uses pre-tax operating income, a non-GAAP measure, in its financial analysis
  • Pre-tax operating earnings are defined separately from the company's investment gains/losses

The release also notes that since 2018, new accounting rules require companies to record unrealized losses or gains from equity investments in the income statement.

Paragon Technologies, Inc. (OTC PINK:PGNT) ha pubblicato i risultati finanziari per i tre e sei mesi conclusi il 30 giugno 2024. L'azienda, che opera come holding, ha fatto questo annuncio il 9 agosto 2024. Paragon ha fornito un Bilancio Consolidato delle Operazioni confrontando i periodi terminati il 30 giugno 2024 e 2023.

I punti chiave del comunicato includono:

  • Si raccomanda agli azionisti di consultare il rapporto trimestrale dettagliato disponibile su www.pgntgroup.com
  • Guadagni o perdite sugli investimenti dell'azienda riflettono variazioni realizzate nel suo portafoglio di investimenti
  • Paragon utilizza il reddito operativo ante imposte, una misura non-GAAP, nella sua analisi finanziaria
  • I guadagni operativi ante imposte sono definiti separatamente dai guadagni/perdite sugli investimenti dell'azienda

Il comunicato nota inoltre che dal 2018, nuove regole contabili richiedono alle aziende di registrare perdite o guadagni non realizzati da investimenti azionari nel conto economico.

Paragon Technologies, Inc. (OTC PINK:PGNT) ha publicado sus resultados financieros para los tres y seis meses finalizados el 30 de junio de 2024. La compañía, que opera como una empresa matriz, hizo este anuncio el 9 de agosto de 2024. Paragon ha proporcionado un Estado Consolidado de Operaciones comparando los períodos terminados el 30 de junio de 2024 y 2023.

Los puntos clave del comunicado incluyen:

  • Se aconseja a los accionistas revisar el informe trimestral detallado disponible en www.pgntgroup.com
  • Las ganancias o pérdidas de inversión de la empresa reflejan cambios realizados en su cartera de inversiones
  • Paragon utiliza el ingreso operativo antes de impuestos, una medida no GAAP, en su análisis financiero
  • Las ganancias operativas antes de impuestos se definen por separado de las ganancias/pérdidas de inversión de la empresa

El comunicado también señala que desde 2018, nuevas reglas contables requieren que las empresas registren pérdidas o ganancias no realizadas de inversiones en acciones en el estado de resultados.

파라곤 테크놀로지스, Inc. (OTC PINK:PGNT)는 2024년 6월 30일 종료된 3개월 및 6개월 동안의 재무 결과를 발표했습니다. 지주회사로 운영되는 이 회사는 2024년 8월 9일에 이 발표를 했습니다. 파라곤은 2024년과 2023년 6월 30일 종료된 기간을 비교한 통합 운영 상태표를 제공합니다.

발표의 주요 사항은 다음과 같습니다:

  • 주주들은 www.pgntgroup.com에서 제공되는 상세한 분기 보고서를 검토할 것을 권장합니다.
  • 회사의 투자 손익은 투자 포트폴리오에서 실현된 변화를 반영합니다.
  • 파라곤은 재무 분석에서 비 GAAP 지표인 세전 운영 수익을 사용합니다.
  • 세전 운영 수익은 회사의 투자 손익과 별도로 정의됩니다.

또한, 2018년 이후 새로운 회계 규정에 따라 기업은 주식 투자에서 발생한 미실현 손익을 손익계산서에 기록해야 합니다.

Paragon Technologies, Inc. (OTC PINK:PGNT) a publié ses résultats financiers pour les trois et six mois se terminant le 30 juin 2024. L'entreprise, qui opère en tant que société holding, a fait cette annonce le 9 août 2024. Paragon a fourni un État Consolidé des Opérations comparant les périodes se terminant le 30 juin 2024 et 2023.

Les points clés du communiqué de presse incluent :

  • Les actionnaires sont invités à consulter le rapport trimestriel détaillé disponible sur www.pgntgroup.com
  • Les gains ou pertes d'investissement de l'entreprise reflètent les changements réalisés dans son portefeuille d'investissement
  • Paragon utilise le revenu d'exploitation avant impôts, une mesure non-GAAP, dans son analyse financière
  • Les bénéfices d'exploitation avant impôts sont définis séparément des gains/pertes d'investissement de l'entreprise

Le communiqué note également que depuis 2018, de nouvelles règles comptables exigent que les entreprises enregistrent les pertes ou gains non réalisés provenant des investissements en actions dans le compte de résultat.

Paragon Technologies, Inc. (OTC PINK:PGNT) hat seine Finanzergebnisse für die drei und sechs Monate zum 30. Juni 2024 veröffentlicht. Das Unternehmen, das als Holdinggesellschaft tätig ist, gab diese Bekanntmachung am 9. August 2024 heraus. Paragon hat eine Konsolidierte Erfolgsrechnung bereitgestellt, die die Zeiträume zum 30. Juni 2024 und 2023 vergleicht.

Die wichtigsten Punkte aus der Veröffentlichung umfassen:

  • Aktionäre werden aufgefordert, den detaillierten Quartalsbericht unter www.pgntgroup.com einzusehen
  • Die Anlagegewinne oder -verluste des Unternehmens spiegeln realisierte Änderungen im Anlageportfolio wider
  • Paragon verwendet das Ergebnis vor Steuern, eine Non-GAAP-Messgröße, in seiner Finanzanalyse
  • Das Ergebnis vor Steuern wird getrennt von den Anlagegewinnen/-verlusten des Unternehmens definiert

Die Veröffentlichung weist auch darauf hin, dass seit 2018 neue Rechnungslegungsvorschriften vorschreiben, dass Unternehmen unrealisierten Verlust oder Gewinn aus Aktieninvestitionen in der Gewinn- und Verlustrechnung verbuchen.

Positive
  • Paragon Technologies uses pre-tax operating income for financial analysis, providing a clearer picture of operational performance
  • The company maintains an investment portfolio, potentially diversifying its income streams
Negative
  • The press release lacks specific financial figures, making it difficult to assess the company's actual performance
  • Reliance on investment gains/losses could introduce volatility to the company's financial results

EASTON, PA / ACCESSWIRE / August 9, 2024 / Paragon Technologies, Inc. (OTC PINK:PGNT), a holding company, announced its results for the three and six months ended June 30, 2024, on August 9, 2024.

Paragon Technologies, Inc.'s Consolidated Statement of Operations for the three and six months ended June 30, 2024 and 2023 are summarized below. For further detail on our results, shareholders should carefully review our quarterly report, which can be found at www.pgntgroup.com.

Analysis of Results and General Business Commentary:
In 2018 newly issued accounting rules required that all companies record any unrealized losses or gains from equity investments in the income statement.

Paragon's investment gains or losses reflect realized gains or losses in the company's investment portfolio.

Paragon utilizes pre-tax operating income, a non-GAAP financial measure, in its analysis of financial results. Paragon Technologies defines pre-tax operating earnings outside of the investment gains/losses of the Company.

About Paragon Technologies
Paragon Technologies, Inc. is a holding company owning subsidiaries that engage in diverse business activities, including material handling, distribution, real estate and investments.

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements concern the Company's operations, financial condition and performance and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others, those related to: general economic conditions, including those in the markets in which the Company operates; the Company's ability to expand its revenue streams; technological changes in the Company's industry; the continued acceptance of the Company's distribution channel by vendors and customers; decreased demand for the Company's products and services and the Company's ability to retain or replace its significant customers; factors affecting the capital markets and share prices generally; economic and political risks of selling products in foreign countries, including risks of non-compliance with U.S. and foreign laws and regulations; cybersecurity risks and risks of damage and interruptions of information technology systems; and the Company's ability to complete acquisitions, strategic investments, divestitures, mergers or other transactions on acceptable terms or at all. New risk factors emerge from time to time, and it is not possible for management to predict all such risk factors, nor can management assess the impact of all such factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. All statements in this press release other than statements that are purely historical are forward-looking statements. The Company does not intend and assumes no obligation, to update any forward-looking statements made in this press release. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. For further information, contact the company at info@pgntgroup.com

SOURCE: Paragon Technologies, Inc.






View the original press release on accesswire.com

FAQ

When did Paragon Technologies (PGNT) release its Q2 2024 financial results?

Paragon Technologies (PGNT) released its financial results for the three and six months ended June 30, 2024, on August 9, 2024.

Where can shareholders find detailed information about Paragon Technologies' (PGNT) quarterly report?

Shareholders can find detailed information about Paragon Technologies' (PGNT) quarterly report on the company's website at www.pgntgroup.com.

What financial measure does Paragon Technologies (PGNT) use in its analysis of results?

Paragon Technologies (PGNT) uses pre-tax operating income, a non-GAAP financial measure, in its analysis of financial results.

How does Paragon Technologies (PGNT) define pre-tax operating earnings?

Paragon Technologies (PGNT) defines pre-tax operating earnings separately from the company's investment gains/losses.

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