Tuesday, November 10, 2026
Jacob Mutchler, Research Analyst, Noble Capital Markets, Inc.
Michael Kupinski, Director of Research, Equity Research Analyst, Digital, Media & Technology , Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Q3 Results. The company reported Q3 revenue of $146.0 million, up 5.4% year over year and above our $143.1 million estimate, supported by growth in Branded Products and Contact Centers. Adj. EBITDA, including stock-based compensation, was $7.6 million, below our $8.6 million estimate. Moreover, Healthcare Apparel inventory and credit charges largely offset profitability gains in the other segments.
Underlying Business Trends. Branded Products revenue increased 8.2% to $92.1 million, while segment-adjusted EBITDA rose 30.8% on higher customer volumes and improved pricing. Contact Centers returned to revenue growth, up 6.9%, with adjusted EBITDA advancing 22.1%. Healthcare Apparel posted a $0.5 million adjusted EBITDA loss, reflecting a $4.0 million inventory write-down and approximately $1.0 million in customer credit losses.
Get the Full Report
Equity Research is available at no cost to Registered users of Channelchek. Not a Member? Click ‘Join’ to join the Channelchek Community. There is no cost to register, and we never collect credit card information.
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.