Senstar (SNT) Grew Revenue 8% but Operating Income Fell. Is Blickfeld Paying Off?
Senstar Technologies (SNT) reported Q2 revenue growth of 8% to $10.4M, driven by its acquisition of Blickfeld. However, operating income fell to $343K from $973K, and net income declined to $351K. LiDAR sales doubled, representing 20% of global sales. Management highlighted Blickfeld's EBITDA positivity, but core verticals saw an 18% revenue decline. Operating expenses rose 18%, outpacing revenue growth. The company remains debt-free with $8M in cash.







