Paragon Technologies Reports 30% Revenue Increase and Reduced Expenses in Q3 2025

Reuters
2025/11/13
Paragon Technologies Reports 30% Revenue Increase and Reduced Expenses in Q3 2025

Paragon Technologies Inc. reported its financial results for the three and nine months ended September 30, 2025. Revenues increased by approximately 30% in the third quarter of 2025 compared to the same period in 2024, driven by strong sales growth in the company's distribution operations. Selling, general, and administrative (SG&A) expenses totaled approximately $1.9 million in the third quarter of 2025, compared to $1.8 million in the third quarter of 2024. The company noted that SG&A expenses had previously trended at nearly $3 million per quarter in 2024. Operating income was affected by a decline in sales and margin in the automation business. Paragon Technologies also reported that it has taken significant steps to reduce expenses in line with current and expected business volumes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paragon Technologies Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1101925) on November 13, 2025, and is solely responsible for the information contained therein.

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