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Castellum, Inc. Announces Record Quarterly Revenue

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Castellum, Inc. (NYSE-American: CTM) reported a record revenue of approximately $11.1 million for Q3 2022, highlighting significant growth in its cybersecurity and IT services. The company anticipates publishing its full financial results on or about November 14, 2022. CEO Mark Fuller expressed optimism regarding leveraging the recent uplisting to NYSE-American to further enhance revenue and shareholder value. Castellum is focused on strategic acquisitions in technology services.

Positive
  • Achieved record quarterly revenue of approximately $11.1 million for Q3 2022.
  • Recent uplisting to NYSE-American expected to support future growth.
Negative
  • None.

POTOMAC, Md., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM), a cybersecurity, electronic warfare, data analytics, software, and IT services company focused on the federal government, announces that it has achieved record quarterly revenue for its third quarter ended September 30, 2022.

Revenue for Q3 2022 was approximately $11.1 million. Full financial results for Q3 2022 will be published on or about November 14, 2022, on a form 10-Q at .

“We are very pleased to announce our record quarterly revenue,” said Mark Fuller, . “Combined with our recent uplisting to the NYSE-American, we now have a platform to further increase our revenue and operating profit over the coming quarters and grow shareholder value.”

About .

(NYSE-American: CTM) is a technology service and solutions company executing strategic acquisitions in Cyber Security, Information Technology, Information Warfare, Electronic Warfare, Systems Engineering, Software Engineering, and Software Development. For more information visit our website at .

Forward-Looking Statements:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters disclosed at nyse.com. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

Contact:
Mark Fuller, President & CEO
info@castellumus.com
301-961-4895

A photo accompanying this announcement is available at


FAQ

What was Castellum's revenue for Q3 2022?

Castellum reported a record revenue of approximately $11.1 million for Q3 2022.

When will Castellum release its full Q3 2022 financial results?

Castellum plans to release its full financial results on or about November 14, 2022.

What does the recent uplisting of Castellum to NYSE-American mean?

The uplisting to NYSE-American provides Castellum with a platform to enhance its revenue and operating profit.

What sectors does Castellum focus on?

Castellum is focused on cybersecurity, electronic warfare, data analytics, software, and IT services.

Castellum, Inc.

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Information Technology Services
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United States of America
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