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KULR Expects About $4 Million in Annualized Savings Starting in 2027

Third-quarter revenue from continuing operations was $7.4 million.

By John Kim
Published
An empty chair leaves a gap in a row of office seating / TokenPost.ai
An empty chair leaves a gap in a row of office seating / TokenPost.ai

KULR Technology Group, Inc. expects approximately $4 million in annualized cost savings beginning in 2027, a target tied to workforce reductions and other cost-saving actions.

The company had $7.4 million in revenue from continuing operations in the third quarter. The expected savings have not yet been realized.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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